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Silver the whitest, most malleable and most conductive metal known. Silver has had a variety of uses in history. It has always been a form of money and used widely in jewellery. Continue reading
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In 2008, the increase in silver investments had significantly skyrocketed. Silver investments have more than doubled the number of silver EFT funds. Continue reading
The Chinese Gold and Silver Exchange Society. Credit: Ahleong / CC-BY-SA 3.0
The Chinese Gold & Silver Exchange Society (CGSE) aims at the bright future of silver trade in Hong Kong and plans to step forward to play a larger role in the silver trade. Continue reading
Silver ingot. Credit: Aatze78 / CC-BY-SA 3.0
ETF stands for an “Exchange Traded Fund”, a type of investment. Silver ETF is an investment plan where one invests money in the silver investment market.
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The Chinese Gold and Silver Exchange Society. Credit: Ahleong / CC-BY-SA 3.0
Though the experts say that the current prices of precious metals are comparatively high than they used to be some years ago, current prices send shivers down everybody’s spine who want to buy silver or gold. But not the Chinese.
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Peru, the second-largest silver producing country globally, is experiencing a downfall in the silver market. Eclipse to the profits of mining companies in Peru is the indicator of decreasing financial benefits of companies.
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South American Silver Corp declared its first closure of $6.4 million on 16 April 2012. Final closing is expected to occur on or before May 11, 2012, for the remainder of the Offering. Continue reading
According to the Reuters report, the U.S silver stocks hit the highest mark on April 16, 2012. A spokesperson at US exchange operator CME group that owns COMEX reached 284.28 million ounces on the day.
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Gold Resource Corp. – a low-cost gold producer, is launching the Gold and Silver Dividend Program on April 10, 2012, for its shareholders.
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Though silver is one of the precious metals, it is also used as a raw material in various industrial processes.
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