isn't "spot" a paper price? If your "live metal" price is supposedly some other price than "spot" then it is actually breaking lower than spot right now because I'm seeing paper spot prices quoted at $21.4x.
No. It’s the physical silver price. In summary. Silver's spot price is the amount that an investor pays to purchase a single ounce of the metal for immediate delivery. Investors are normally charged an additional premium on top of this price for any purchase they make. The value of silver is priced per ounce.
maybe it's the things I look at... I don't understand the inner workings of the system. I still trade and secure profit or minimize loss. it adds a few dollars here and there. but my basic understanding of what is normal, slightly changed today. I don't know what it means.
isn't "spot" a paper price? If your "live metal" price is supposedly some other price than "spot" then it is actually breaking lower than spot right now because I'm seeing paper spot prices quoted at $21.4x.
No. It’s the physical silver price. In summary. Silver's spot price is the amount that an investor pays to purchase a single ounce of the metal for immediate delivery. Investors are normally charged an additional premium on top of this price for any purchase they make. The value of silver is priced per ounce.
maybe it's the things I look at... I don't understand the inner workings of the system. I still trade and secure profit or minimize loss. it adds a few dollars here and there. but my basic understanding of what is normal, slightly changed today. I don't know what it means.
I thought this too. Spot,paper vs physical. :D