Silver reached its highest level since 2012, while gold hit a new record as expectations for further Federal Reserve interest-rate cuts boosted precious metals. Silver climbed to $32.71 an ounce, ...

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 ...