Silver spot trading involves the direct buying or selling of silver at current market prices. Traders can speculate on the immediate price movements of silver and manage their exposure to such fluctuations. In silver spot trading, the transaction occurs for immediate settlement, as opposed to trading futures contracts for future delivery. This type of trading is conducted in various markets, including commodity exchanges and over-the-counter platforms. Silver spot trading is used by a wide range of participants, including investors, industrial users, and collectors. The price of silver spot is influenced by factors such as supply and demand dynamics, economic indicators, geopolitical events, and currency fluctuations.
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