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,…
Category: Silver Price Canada
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…
Buying Gold and Silver Bullion in Niagara, Ontario
The beautiful city of Niagara is home to one of the world’s greatest natural wonders, the famous Niagara Falls. Niagara Falls is known as Canada’s top tourist attraction. Aside from being one of the most popular cities in Canada, Niagara is home to over 485k citizens. The city is one of the most rapidly…
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…