Market Value
Market Value is the current tradeable price or value of an asset. In other words, it’s the highest price that a buyer would pay or a seller would accept for a product in a competitive, open market. Typically, market values drop during the bear market that accompanies a recession and rise during bull market periods of economic growth. The market value of gold is based on the current spot price but it is subject to fluctuation - check historical spot price tables or see the current market value of gold and other precious metals at StoneX Bullion.com.