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 ...
While the demand for rhodium outweighs the supply, it still has a very specific market, which can make selling difficult. The possibility of rhodium prices rising over $10,000 per ounce might be ...
Demand for these instruments can impact gold prices. How Is Gold Weighed? Typically, we’re used to seeing gold weighed in grams (g) or ounces (oz). One ounce is approximately 28 grams. The average ...