Though silver is one of the precious metals, it is also used as a raw material in various industrial processes.
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Silver: An Industrial Metal
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Tag Archives: silver
Why Silver Prices Are Higher Than Ever?
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.
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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Colorado Senators to Legalise Silver Currency
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According to the Colorado State Senators, a bill is in the process where silver and its counterpart, gold, will be legalised for currency uses. Copying alike provision, other 12 states along with Utah is trying to do the same. Continue reading
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.
Silver coins hit the roof
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It has not been a year since the downfall of silver, yet investors are eagerly making investments in silver. Silver coins are selling way too fast than gold coins. Analysts suggest that silver investment could produce way more profits than gold in the months ahead. Continue reading
Silver Prices Jump as EU States Agree on Ban in All Trade with Iran
Gold, silver and prices on other precious metals rose on the news of the EU sanctioning a gradual ban on Iran oil and all trade in diamonds, gold, silver and petrochemicals with the Iranian Central Bank. The measures also imply a ban on the delivery of new coins and banknotes to Iran. Continue reading
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
Turkey – A Hotbed For Silver
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Most of the world’s silver is produced in Mexico and Peru. While these are the two countries that are accountable for the vast majority of silver, some economies have not been tapped to their full potential. One such economy is ‘Turkey’. Silver mining in Turkey adds up some interesting prospects to the silver 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