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….
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Category: Silver Price Canada
A Country Within a Country
Let’s be blunt about it and not beat around the bush – Europe is in serious trouble. This is an issue for everyone around the world due to the global markets being heavily entangled with one another because of the rapid expansion of the derivatives market. Energy prices in the Eurozone are skyrocketing and citizens…
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…
The four Main Causes of a Gold Pullback and Why You Should Buy Now
A long-term perspective is essential when choosing investments for your portfolio. In the long run, gold has increased greatly, too. But like any commodity, the price of gold can fluctuate in the near term for a variety of reasons. What Are Some Possible Reasons for a Gold Pullback? Experts frequently anticipate that the asset…