1. trading method: spot silver is traded in the spot market and futures silver is traded in the futures market. The spot market deals in physical goods, and the price is influenced by many factors such as supply and demand, output, reserves, policies and so on, and the price fluctuates greatly. Futures market trading contracts, the price is not only affected by the above factors, but also by market sentiment and speculative factors, and the price fluctuation is relatively small.
2. Market demand: The main trading object of spot silver is the actual industry and consumer demand, and the price is supported and promoted by the actual demand. The main trading object of futures silver is speculators, and the price is affected by market sentiment and speculative factors.
3. Trading volume: The trading volume of spot silver is relatively small, the trading is scattered and the price fluctuates greatly. The trading volume of futures silver is larger, the trading is more concentrated, the market liquidity is higher, and the price fluctuation is relatively small.
4. Market structure: The market structure of the spot market is relatively scattered, with many market participants and large price fluctuations. However, the market structure of the futures market is relatively concentrated and there are relatively few market participants, so the price fluctuation is relatively small.