Since December 23rd, 1913 – the Federal Reserve has been in charge of monetary policy within the United States, with their main mandates being to keep inflation under 2%, as well as keeping unemployment low. Due to the USD being the world reserve currency, the Fed’s policy changes impact all countries around the world holding…
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Category: Silver Spot Price
Understanding Spot Prices: What It Is and Where They Come From
Have you ever heard of spot prices? Let’s dive in and get started! Spot prices are an important tool in the financial markets. They are used to determine a security or commodity’s current value at a particular time. The “spot” refers to the current market, or operating, price. Spot prices provide traders and investors with…