What is futures? What is the difference between the investment of futures silver and spot silver? Futures need to be delivered within a certain period of time, and there is a delivery period. The biggest difference between spot and futures is the difference of trading objects and the limitation of commodity delivery time. The target of futures trading is a contract to be delivered in a future month, and the contract has a certain term, that is, the last trading day. The price of futures trading reflects the expectation of future prices, namely spot price and time cost.

The subject matter of spot trading and spot deferred trading is in kind, and there is no limit to the delivery time. Traders can deliver goods at any time according to their own declaration, and the price of physical transaction is the current price.

Silver futures refer to futures contracts with the silver price as the target in a certain period in the future. Silver futures contract is a standardized futures contract, which is formulated by the corresponding futures exchange and has detailed silver specifications, silver quality and delivery date.

Spot silver is a contract sale based on the principle of capital leverage. It is not what we usually call cash on delivery, but the delivery formalities are required to be completed within 1-2 working days after the transaction. However, some investors do not actually deliver silver after the transaction, but just close their positions after the expiration to earn the difference profit.