Why is there a difference between buying and selling price of silver?

The difference between buy and sell price is called the price spread, and it is a standard part of digital gold or silver investing.

Market spread - Silver is bought from and sold in the wholesale bullion market, where buyback prices are slightly lower than selling prices
GST on buying - 3% GST is applied when you buy gold or silver, but not when you sell
Operational costs - Includes secure storage, insurance, trustee oversight, and payment processing

Jar always shows you the final buy and sell price upfront, so you can make informed decisions with full transparency.