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WHAT DOES SPOT PRICE MEAN?

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Anonymous

9y ago
Updated: 4/20/2022

It is the instantaneous price someone is willing to pay in cash for a unit of silver.

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Melvin Sipes

Lvl 10
3y ago

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Related Questions

What is spot price mean?

the current price at which a particular commodity can be bought or sold at a speified time and place. if you want to find out more go to investor.infospaceinc.com/glossary.cfm


What does over spot mean in coin collecting?

In coin collecting, "over spot" refers to a coin's market price being higher than the current spot price of the metal it contains. The spot price is the current market price for the precious metal (like gold or silver) in its raw form, while "over spot" indicates a premium that collectors are willing to pay for specific coins based on their rarity, condition, or historical significance. This premium reflects the added value beyond just the intrinsic metal content.


What does silver spot price mean?

It is the instantaneous price someone is willing to pay in cash for a unit of silver.


What is the difference between spot price and market price?

The spot price is the current price at which a commodity or asset can be bought or sold for immediate delivery, while the market price is the price at which a commodity or asset is currently trading in the market.


What is a contango position?

A commodity market is in contango if the spot price is lower than the futures price. A contango position is the futures position you hold with a price higher than spot price.


How much is 22 grams 14kt gold if spot price is 1100?

To calculate the value of 14K gold based on the Spot Price: (Grams) x (Spot Price x .02720) = Value 22 x (1100.00 x .02720) = $423.25


What is the current spot price for hafnium?

900 $


What does the wheat spot price represent?

$4.49


What is the spot price of gold in the US?

SPOT PRICE VARIES TICK BY TICK OR SECOND BY SECOND WHEN THE EXCHANGES ARE ACTIVE , USUALLY BETWEEN SUNDAY 4 PM (PST ) TILL FRIDAY 5:30 (PST) . TO SEE WHAT THE CURRENT ACTIVE SPOT PRICE IS VISIT WWW.KITCO.COM FOR SPOT PRICES OF GOLD. try this site its useful http://gold-price-blog.info/


What happen if spot price remains above spot price in call option in stock?

If the spot price of the stock exceeds the "strike price" in the call option, the option is in-the-money and you can exercise it. But if you have a choice, wait to exercise it until the stock's spot price exceeds the strike price enough to cover the premium. Example: the strike price is $40 and the premium was $2. In order to make money on this option, the stock price needs to be over $42--enough to pay for the stock and replace the money you spent buying the option.


What is the current spot price for iridium?

The current spot price for iridium is $450 per ounce


What is the difference between gold spot price and gold wholesale price?

The gold spot price refers to the current market price of gold for immediate delivery, while the gold wholesale price includes bulk transactions, discounts, and additional costs for handling and distribution.