Though silver is looked upon as secondary or metal with lesser importance than gold, many people don’t know that silver is far more in demand for its industrial usage.
Why Silver Prices Are Higher Than Ever?
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Tag Archives: Silver Investment
Prices on Silver Rise per Ounce!
Silver ingot. Credit: Aatze78 / CC-BY-SA 3.0
The weak global economy has had negative effects on the markets of almost every commodity. But, the market of silver, a commodity considered one of the precious metals, is flourishing like never before!
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Additional Efforts By China To Build A Future In Commodity Market
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Though 2011 showed a comparatively low future for silver and gold, the new year has an optimistic future and options for Chinese investors.
Will Silver ETFs Lose their Shine in 2012?
With lots of speculations going in the market, investors are confused about the future of silver ETFs. They presume that the prices of silver and silver ETFs will slug down because of the ongoing alterations in the global market. Continue reading
Great Opportunity to Buy Silver ETFs
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As a result of the recent sell-off, the silver prices dropped down $30 an ounce. In the wake of the collapse of a commodities broker, MF global, investors are more interested in cash. Many believe that fears of deflation and Europe’s debt crisis have enormously influenced the white metal. Some investors believe that it is a great time to invest in silver. Continue reading
Year 2012 To See Silver Shine Brighter
The year 2011 was pretty turbulent for precious metals. Still, analysts predict that gold and silver prices will go high in 2012 as both the shimmering metals are regaining their status as safe havens for investments and an alternative to bonds and funds.
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Silver to Shine in Upcoming Months: Couer d’Alene Mines Corp
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Mitchell Krebs, CEO of Couer d’Alene Mines Corp, which is the largest silver miner in the United States, said that silver prices would continue to go up because of economic ambiguity and production turn down. Continue reading
Silver to Regain its Lost Significance by an Increase up to 25%
Credit: Teravolt at English Wikipedia
Like other commodities, the prices of the silver drop at first but regain their value in the market. The silver price has dropped more than 37% since April 2011. However, it is in the path of recovery after up to 28% of the drop in the last month. Continue reading
Precious Metals Prices See Downfall
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The near future of precious metals such as silver and gold seems cloudy. Prices on these shiny metals are declining as a result of the dollar’s rally. The dollar went up high by 6% last month, and at the same time, gold fell by 11%.
Why silver coins will remain a valuable asset in the future
Ancient Greek Silver Coin (Dekadrachm), about 400 B.C.E. Credit: Flickr / PD Photo
Silver coins have been valued throughout the centuries. Earlier, the coins were made from pure silver, while the coins minted in the later centuries inevitably have some alloy mixed in the silver. This makes vintage silver coins more precious and rare, adding to their net worth. The more rare and scarce it is, the more is its monetary value.
Some industry analysts believe that the depleting resources of silver will raise the silver coin prices even higher. Various prices come into view that affects the prices of silver coins. A tottering economy, global economic turmoil make silver coins attractive options for their investment portfolio. Not only is it a precious metal but also a metal used for commercial use.
The use of silver coins as a monetary currency is halted as the silver mines grow small. As a result, the prices of silver coins keep on soaring. So investors who have silver coins in their investment portfolio might do really well soon.