What is the Silver Spot Price, and How is it Calculated?
The live benchmark price at which you purchase or sell an ounce of actual silver on a specific date and time is known as the silver spot price. Because so many variables affect this dynamic market, the spot price of silver varies all the time. Apart from the spot price of silver, there exists a very active silver futures market. Longer term spot silver prices are revealed to traders and investors via the futures market price.
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