Abstract: A spout assembly configured to be attached to a mouth of a bottle to facilitate pouring of the contents of the bottle. The spout assembly includes a cap having an upper surface and defining an axial passageway; a spout mounted within the cap and movable between a retracted position, in which the spout is disposed within the axial passageway below the upper surface, and an extended position, in which at least a portion of the spout extends above the upper surface; and a first polarized magnet attached to the cap and a second polarized magnet attached to the spout, wherein the first polarized magnet and second polarized magnet magnetically bias the spout into the extended position.