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…
Blog
Category: Silver Coins
Historic review of Silver
Historically, silver has been regarded as a precious metal. Many bullion coins contain silver metal, sometimes in addition to gold. Beginning in 3000 BC, a focused effort was made to mine silver. The first complex processing techniques were developed by the ancient Chaldeans (present-day Turkey) about 2500 BC to extract silver from lead-silver ores….
Silver Spot Price: How is it Determined?
A spot price is the fluctuating market value of a commodity purchased or sold on a commodity exchange under a contract for prompt payment and delivery. Silver Spot Price today refers to the estimated cost of 1 troy ounce of silver that is ready for immediate delivery before being coined into bullion bars, rounds,…
What is meant by trading Silver Futures?
A silver exchange-traded fund (ETF) mainly invests in hard silver assets, which are held in trust by the fund manager or custodian. The objective of silver ETFs is to closely follow the spot price of silver on the open market. Silver price fluctuations will affect these ETFs’ NAVs. An ETF for silver’s investment is…
Is Gold An Effective Hedge Againts Inflation?
Many investors turn to gold as a convenient and cost-effective inflation hedge when protecting their savings from inflation. However, is it a good idea to invest in gold? Let’s look at this popular investment option and see if it is truly effective as an inflation hedge. Here are the Top 3 Reasons You Should…