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The mining of silver is a challenging task. In addition to operations, developing new mines and exploring new areas are other costs associated with the silver mining industry. Many silver miners worldwide are just not profitable at the current silver prices. The answer to the survival of silver miners: What occurs if silver prices…
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Drain of Major Physical Silver Inventories Continue
On Monday, October 3rd, 2022 silver saw a gain of nearly 9%, which registered as the highest daily gain for silver since November of 2008. The months of October/November in 2008 also registered as the bottom for silver hovering around $10 USD per/oz. From that spike in November, silver gained 400% over the next two…
Top 10 countries with highest silver production
Highest silver production Silver is a precious metal that is employed in both industrial purposes and as a store of value. Through commodities markets, exchange-traded funds (ETFs), and mining company equities, investors and traders can purchase actual silver. Multiple uses can be made of the metal, silver. Although it is technically a precious metal, most…
Chinese New Year 2023: Festival Overview, What to Expect & The Date
Intro: The Chinese New Year is a holiday celebrated in China, Hong Kong, Taiwan, Macau, Singapore, and other parts of the world. It is also called the Lunar New Year and it celebrates the beginning of a new year on the traditional Chinese calendar. The festival falls on the last day of the final…
Why is Gold loved in Indian Culture?
Gold has undoubtedly been a significant staple in Indian culture for as long as we can remember. Since the discovery of gold, it has been integrated into our society in a variety of forms however, gold has significant importance in Indian culture. As a matter of fact, India is the world’s largest gold consumer…