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What Does Silver “Spot” Price Mean? You can think of it as the price of silver on the spot, right now. The spot price refers to the cost of one ounce (oz) of silver traded today. What silver’s unique ...
The spot silver price reflects what traders buy and sell silver for immediately, or on the spot. In contrast, the futures price reflects the price for silver delivered in later months. The spot ...
Silver is considered cheaper than gold. For example, if one gramme of silver Rs 61.40 today, you can buy 1 kg of the precious metal for Rs 61,400. But you will get a little over 10 gms of gold at ...
The latest price of silver per ounce, gram, and kilogram using real-time interactive silver price ... The price is determined by converting the current spot gold price for an ounce or gram of gold ...