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Price of 28 Troy Ounces of Silver

28 Troy-ounces of Silver is equal to
= $498.46
28 troy-ounces of silver = $498.45609003215
280 troy-ounces of silver = $4984.5609003215
2800 troy-ounces of silver = $49845.609003215
28000 troy-ounces of silver = $498456.09003215
More Price Conversion:
1 troy-ounces of silver
402 troy-ounces of silver
227000 troy-ounces of silver
6310405471 troy-ounces of silver

*please enter quantity number, select a unit and the type of commodity goods, then click getPrice button.

Precious Metals & Solid Commodity:
Oils & Fuel:
Agricultures & Livestocks:

*The average price as of Mar 2024.
Source: markets.businessinsider.com

Average Commodity Price

Use this tool to find the average price of commodities.

What is a commodity?

In economics, a commodity is an economic good or service that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them.

The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price.

Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemicals and computer memory.