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The London Metal Exchange, along with World Gold Council, is starting a new endeavour called LMEprecious. Goldman Sachs, ICBC Standard Bank, Morgan Stanley, Natixis, OSTC and Societe General are co-owners in this joint venture. Continue reading
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Silver prices hitting $20 per ounce leave the market speculating how much silver will rise in 2016. Due to the overall economic scenario globally and especially after Brexit, silver has had double the percentage gain compared to gold. Continue reading
The silver investment that most people make has been pretty stable, but people are getting concerned that they will not get the same returns they did at one time. Continue reading
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It is often considered a good idea for investors to hold precious metals such as gold or silver in their portfolios to hedge against inflation risk and provide investors with the diversification that is simply holding equities does not provide. 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
Silver ingot. Credit: Aatze78 / CC-BY-SA 3.0
Chris Marchese, the co-author of The Silver Manifesto and analyst for The Morgan Report, expressed in detail his belief that the worldwide prices of silver will rise as investors turn to global standards. Continue reading
Silver investments have become necessary to individuals as analysts and experts have put forward evidence that the monetary system is collapsing, which will see the paper assets worthless to hold. Continue reading
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The London Bullion Market Association operates the world’s largest venue for trading silver. It has organised an over-the-counter market for buyers and sellers to negotiate the contracts with each other. Continue reading
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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China and silver have enjoyed a strong bond right from when it still issued a silver related currency in the early twentieth century. The entry of China into the global silver market is likely to end COMEX manipulation and reduce the volatility of the precious metal to a certain extent.
Silver needs to discard the volatility tag that gives it such a bad image. Also known as ‘devil’s metal’ by some traders, China’s entrance may further reinstate traders’ belief in silver as an undependable asset. But sooner or later, silver is bound to find stability.
Chinese retail investors are attracted to silver investment for its lower price than gold. The Asian country is one of the largest silver miners and the biggest consumers of industrial silver. At present, silver bullion and jewellery have attracted many investors doubling their investment with passing days. China is also a major importer of silver for industrial and fabrication purpose, mainly in electronic and solar products.