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"Silver is up 25% from a year ago and has room to run higher, with many analysts predicting $40 per ounce by end of year," says Brett Elliott, director of content at precious metals marketplace APMEX.
The price of silver today, as of 9:12 am ET, was $37.00 per ounce. That’s up 0.78% from yesterday’s silver price of $36.71. Compared to last week, the price of silver is down 3.09%, and it’s ...
Silver isn't a better or worse investment than gold now as that determination is often made on a case-by-case basis, dependent on the individual investor and their budget and goals.
Silver has soared to the key milestone of $35 per ounce, reaching its highest level in more than 13 years, propelled by robust industrial demand and ongoing supply deficits, analysts said.
(Bloomberg) -- Silver jumped to its highest level since 2011, as US premiums rise and the spot London market shows signs of tightness.Most Read from BloombergSinger Akon’s Failed Futuristic City ...
Silver also has contracts trading at COMEX and NYSE Liffe. The contracts are for 5,000 ounces, and they are traded at both exchanges. COMEX also has an e-mini silver futures contract for 2,500 ounces.
Photo: Lauren A. Little/MediaNews Group/Reading Eagle/Getty Images Gold gets all the glory, but silver prices have surged nearly as much this year, up 27% to the highest levels in more than a decade.
If you had invested $5,000 in silver in January 2010, you would have purchased 218.05 ounces. By January 2024, your silver holdings would be worth $5,052—a 1% increase.
While silver doesn't approach the value of gold by weight, it has many industrial applications in fields such as electronics. Here's how to invest in it.
The gold/silver ratio would be 100, because it would take 100 ounces of silver to purchase 1 ounce of gold. As of December 2020, the gold/silver ratio was about 75, down from 114 in April 2020.
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