Spot & the benchmark
Learn how a continuously quoted spot market differs from a once-daily London benchmark.
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Understand the price. Explore the market.
Put every ounce into perspective.
A market reference is the beginning of the calculation. Product premiums, dealing spreads and ownership costs complete the picture.
Understand the difference →12 Nov 2026 · 05:50 EST (UTC−05:00)
Money Metals published spot snapshot. Not a live quote or an executable offer.Check the provider’s current price →Learn how a continuously quoted spot market differs from a once-daily London benchmark.
Explore more →Explore the differences between physical delivery, vaulted bullion and financial exposure.
Explore more →Follow the links between mine supply, recycling, industrial uses and investor demand.
Explore more →Enter your own silver price, weight and purity. Add a premium and fixed costs to see the assumptions behind the total.
Open the silver calculator →A focused silver information concept, with no trading execution or custody service.