Ep. 5 What is spot price?
Unlocking the World of Precious Metals
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49s
For those looking to make a precious metals purchase, it is important to understand the common terminology used in the industry. The spot price for gold and silver is the number you might see on the financial news networks, but what does that term mean? In this video, Evan explains the meaning of Spot Price.
Up Next in Unlocking the World of Precious Metals
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Ep. 6 What is premium?
When you buy precious metals, your product price will be comprised of both spot and premium. Evan dives into what premium is and the many factors that go into determining the premium for the metal you may purchase.
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Ep. 7 Why are precious metals called ...
What does the term "bullion" mean? This term is used loosely in the financial industry and is commonly associated with gold bars. Evan explains the true definition.
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Ep. 8 What are the pros and cons of b...
Precious metals can be purchased as bars or coins. The choice between bars and coins largely depends on your goals and whether you prioritize cost or popularity. Each option has its benefits and drawbacks, and Evan provides information to consider before making a decision.
