What is the spot price of silver?

What is the Spot Price of Silver? Silver Spot Prices Silver Price Spot Change Silver Price Per Ounce $24.85 $0.85 Silver Price Per Gram $0.80 $0.03 Silver Price Per Kilo $798.95 $27.33

What are gold spot prices?

Gold spot prices refer to the “bid” price you see listed—which is the price most recently quoted in the market that buyers are willing to purchase at. This is usually lower than the “ask” price sellers are currently seeking. The spot price is based on trading activity in the futures markets.

What is spot price in precious metals?

The spot price is based on trading activity in the futures markets. Precious metals trade just like stocks and other securities do. “Spot price” reflects the current trading price. In the US, the COMEX is the primary exchange that sets the price, which fluctuates throughout the trading day.

What is the spot price?

What Is the "spot price?" The spot price is typically the base price of one troy ounce of a metal in any form. Any transaction you make in the gold market will be based upon the spot price. Any quote of the spot price of gold in grams or kilos is typically just a conversion of the value in ounces, and not a separate trading market.