What does the spot silver spread refer to:
The spot silver spread refers to the fixed difference between the bid price and the ask price, that is, the bid price – the ask price = the spread. The spread is the transaction cost for investors. At the moment of opening a position, the system will charge the spread fee, which will vary from exchange to exchange.
Spot silver, also known as international spot silver or London silver, is a contract-based transaction that uses the principle of capital leverage. But domestically, spot silver also includes investment products such as Tiantong Silver, Yuegui Silver, Dayuan Yintai, Shanghai t+d, etc.
Therefore, due to different investment varieties, spot silver spreads are also different. Spot silver is not like the one-handed delivery and one-handed delivery that we usually say, but requires the completion of the delivery procedures within 1 to 2 working days after the transaction is completed, but some investors do not carry out the actual delivery of silver after the transaction, but only Close the position at the expiration to earn the spread profit.