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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 position as a byproduct-supplied ...
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 retail consumer is unlikely to buy a kilogram of gold, ...