1 When you need to renew your driver's license. 2  How to renew a driver's license, if you happen to be away from home when it expires.  Exactly which driver's license renewal forms you'll need to complete the process.
For silver, the spot price reflects the current price for one ounce of pure silver. Thus, a silver spot price of 17.54 means that silver is currently valued at $17.54 per ounce.What is tricky about spot price is that it is the base price of the metal; you cannot actually buy physical silver or silver ETFs at spot price.
A Current Spot Price is calculated based on a virtual non-stop price discovery process of most active comparable commodity transactions. For example, if the price per ounce of the current gold âSpotâ month is two dollars less than the COMEX/NYMEX futures contract price, then at a time when that future contract trades at a given price, say $1200, it suggests a spot price of $1198.