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Category: Silver Collectibles

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…

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….

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…

Silver Prices: Will it hit $100 an Ounce?

Silver Price Today: Will it hit $100 an Ounce? Silver is one of the world’s most popular precious metals to invest in, only second to gold. Investing in precious metals such as silver allows investors to protect their wealth through difficult times, like crashes in the market or inflation. That being said, silver prices are…