What is the Spot Price?

The price of all precious metal bullion (silver, gold, palladium, platinum) changes minute-by-minute depending on the market. This is called the "spot" price. All reputable bullion sellers adjust to this by offering their products at a price relative to the current spot price. This is called the "premium". Silver bullion is always sold at a premium relative to spot. Only numismatic silver, or government issued coins and currency, are sold at a fixed price.

QSB is always up-to-date with the current kitco spot price. There are dealers that advertise a very low premium over spot, but what they do not reveal is that you have to buy 5000+ ounces in order to qualify for the low price. We give our pricing upfront and always offer our customers an honest fair price. QSB's unmatched quality, low to Free Shipping costs, and less than 48 hour turnaround gives you the best silver investment available.




This post is in response to a question submitted by a customer. We want to know what you are interested in. Below this post we welcome any comments or questions so that we can meet the needs of all of our customers.