WHEN TO RENEW YOUR DRIVER'S LICENSE. 1  Your South Carolina driver's license will generally expire on your birthday. 2  Whether you are issued a five or ten-year license depends on the mode of renewal.  It is advisable to renew your driver's license before the birthday on which it will expire.
Spot price is the current price at which a commodity, like gold or silver, can be bought or sold. It is considered the explicit value of a particular precious metal at that point in time in the marketplace. 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.
However, markets all over the world can take the spot silver price in USD and simply convert it to local currency. What exactly is the spot silver price referring to? The spot silver price is quoting the price for 1 troy ounce of .999 fine silver. Are spot silver prices the same all over the world? Yes, the price of silver is the same all over the world. Exchanges and markets all over the world can take the current spot silver price in USD and convert that price to local currency.