The first thing to know is the meaning of spot. Spot is an item that can be recovered in time compared with futures. Similarly, spot silver is silver that can be delivered directly. So physical silver is a part of spot silver.

In addition to physical silver investment, spot silver also includes various financial derivatives based on physical silver. These investment products generally earn the price difference due to price fluctuation through electronic trading, and if the price difference is made up, they can extract the real thing. The differences between spot silver and physical silver in electronic transactions mainly include:

1, the investment is different. The spot silver traded in electronic trading is a margin transaction, but it can be small or large, while the physical silver is paid in full.

2. Spot silver traded in electronic trading is a two-way transaction, and both ups and downs can be profitable. Physical silver investment can only wait for the market to be bullish. 3. The electronic disk is a T+0 system, because it does not involve real-time delivery, and it can be traded several times a day. The physical silver needs the corresponding purity and manufacturer qualification certificate, which is generally used for long-term preservation.