What Does Over Spot Mean In Silver - It does not account for any other. What does premium over spot mean? The spot price of silver is the price in the precious metals market that a raw ounce of silver can be bought and sold for immediate. In times when a metal is in less demand, the premium can switch to a discount; Rather than adding to the price, it is subtracted. The term premium over spot refers to the additional cost you pay when purchasing precious metals. Learn the difference between spot and premium prices. What is premium over spot? The spot price is the price at which the metal or commodity may be transacted and delivered upon right now. A premium is the amount over spot that you pay for a bullion item.
In times when a metal is in less demand, the premium can switch to a discount; The spot price of silver is the price in the precious metals market that a raw ounce of silver can be bought and sold for immediate. Learn the difference between spot and premium prices. What is premium over spot? The spot price is the price at which the metal or commodity may be transacted and delivered upon right now. A premium is the amount over spot that you pay for a bullion item. It does not account for any other. The term premium over spot refers to the additional cost you pay when purchasing precious metals. Rather than adding to the price, it is subtracted. What does premium over spot mean?