market price; going rate
The prevailing price for a commodity, security, or service in a market. Often used in financial contexts.
Today's exchange rate is strong for the yen.
The market price of land in this area keeps rising.
Refers to speculative activity, especially in stocks or commodities. Can imply risky or short-term trading.
He tried to make a killing in the stock market.
reputation; standing; estimation
How someone or something is generally regarded, based on common opinion or conventional wisdom. Often used in phrases like 相場が決まっている.
He has a fixed reputation as an honest person.
The general consensus is that store is expensive.
Lately, the price of gold has been rising.
When my father was young, he speculated in the market and lost a lot of money.
It's typical for this kind of work to be paid low wages.
The price of oil has dropped.
相場 means the going market price of any commodity, while 米価 is limited to the price of rice.
boom; bull market
speculator; market player