Spot markets are one way to watch metals.

I prefer ebay.

Physical metal delivered to you after all taxes is the proper measure of the market. It's a real market price based on actual people buying and selling

I like to watch the 10 oz RCM bars in multiple units.

This takes out collectors, as they have no collectible value.

It takes out green peas and panic buyers who buy small quantities of eagles.

Ebay isn't the perfect vendor because it's all trackable but it's a better barometer than the spot markets.

Silver in this type of unit is up about $1.50 in the last week