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 ...
Palladium spot prices represent a given amount of palladium you can purchase for a particular ... Hence palladium is often extracted as a byproduct, much like silver. In 2020, the global palladium ...