July 14, 2022Comments Off on Why people sell silver bullion Posted in: Business
Silver is often undermined but it deserves as much respect
as its famous cousins gold and platinum. However unlike gold, silver is a metal
that has been useful as money across the globe. Unlike gold which is often used
for major transactions, silver is enough for smaller transactions. Silver
is also more volatile than gold. The smallest margin move can make a
significant difference.
Silver has always performed better in expensive bull markets.
Under these market conditions the growth of silver outperforms the growth of
gold. As the world increases, the demand for precious metals like silver will
increase. One has to consider the fact
that silver is an industrial metal whose popularity and usefulness has exploded
in recent years. Silver is used for industrial applications because of its
unique properties like electrical and thermal conductivity.
For everyday buyers, however, silver is better known than
jewelry material – and …
April 28, 2022Comments Off on Where is the silver price headed in the next decade? Posted in: Business
Silver is seen as a good investment now and beyond. This precious metal
is known for its volatility and this characteristic has been on display since
2019. What does the silver market look like in 2022?
In 2021, the price of silver
fell by more than 10%. There are many reasons why this happened. However,
the price rebounded and the silver market looks more bullish in 2022.
A resurgence in the demand for silver by retail investors
Various production delays in various mints across
the globe
The growth of the solar energy industry
The growth of clean energy power generation
The demand from Chinese industries that use silver
The global silver mining deficit
Silver tends to play catch up especially with gold when it is in a bull
market. The gold-silver ratio has risen to 80/1 and this is expected to improve
in silver’s favour this year and beyond.
