Silver has been a long-time favourite for investors. However, many investors are wondering, are market conditions favourable for another surge in the price of silver canada? The price of silver has risen. Only between September 2021 and September 2022 did the price of white metal fluctuate, going from under US$18 per ounce to US$26.50. Unluckily,…
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Category: Silver Price Canada
Investors Are Encouraged by Falling Silver Supply
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…
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…
Promising Days in 2022 to Buy Gold
Investing in gold in 2022? You might want to look at the Auspicious Days for it. Gold has been a highly sought-after commodity since time immemorial. It has been used as a form of currency, an ornament and even as a symbol of power and status. Gold is considered auspicious in Hinduism because it is…