What Is The Price Of Silver?

Featured

These are the latest spot prices for Gold, Silver, Platinum, Palladium and Rhodium.

Be sure to check out all our other investing resources and articles.

If you’re looking for information on how to invest in silver and other precious metals please take a look at our investing page.

Here are some of the latest news stories from around the world having an effect on the price of silver, Gold and other precious metals. These stories are updated in real-time, so you can always get the latest silver news right here!

  • Algorithms bracket Silver Price! It's quite easy/simple! | Kingdom ...
    Sat, 18 Oct 2014 00:08:07 +0000
    I watch as the price of silver attempts in spike up and how an algorithm slams the price down in milliseconds. The price is not ... Price has remained bracketed within a range ($17.23 to $17.48) for a full day. How is silver traded ...
    read more
  • SILVER MINER SUSPENDS SALES: 35% Of Production Due To ...
    Thu, 16 Oct 2014 17:52:35 +0000
    The first primary silver miner in the industry just announced that it suspended sales of silver during the 3rd quarter due to the low market price of silver. First Majestic suspended sales of 35% of its Q3 silver production. This was ...
    read more
  • “Secret Scheme To Manipulate The Price Of Silver” - Lawsuits ...
    Wed, 15 Oct 2014 13:26:38 +0000
    Litigation alleging that Deutsche Bank, Bank of Nova Scotia and HSBC Plc illegally fixed the price of silver were centralised in a Manhattan federal court yesterday. The banks have been accused of rigging the price of billions of dollars in silver to the detriment ..... Of [Human Resources/The Treasury/Black Helicopters]" Guide. It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. Here's our Cookie Policy.
    read more

What Is Silver Speculation?

Silver is a precious metal and holds its own value in the market. During the early period of human history, silver was a form of money. In the modern times, silver has lost its usual place in the market, but it is still used as a store of value.

Each year investors around the world invest large amounts of money in silver and other precious metals. The price of silver is determined by speculation as well as supply and demand of the metal. When compared to gold, it has an extremely volatile price and thus loses its value in the investment market. An investor’s job is to assess the market conditions and incorporate such aspects in his/her own investment portfolio. Here we shall be outlining key features of silver speculation as opposed to silver investing.

As mentioned before, the value is determined by various aspects and financial actions. Many investors make the mistake of spending too much time on speculations and thus tend to lose some of their investment.

By speculating you are not guaranteeing any safety of the initial investment or the return. When we talk about investment it is crucial to take into account various aspects so as to ensure that it promises safety of principal and returns. For any commodity, speculation is necessary as it results in better financial outcomes.

Speculation is beneficial when it is done in small amounts, as it would likely turn risky if gone off limit. First, the investor should do a self-analysis of his assets and contemplate on personal tolerance towards risk. A small portion of the asset can be used for speculation for future investments; however, it may not yield a good result. This can be because of the fluctuation in the price of the metal. It is always best to consider a small portion for speculation, rather than investing a large sum and losing it in the process.

As a novice, it is best to steer away from quick decisions, and try to train yourself in speculation. It is good to invest in metal and build up your portfolio by differentiating the types of investments.

After investing in various types of investment, you will start developing your assets. Then the next thing is to look for growth in the market. Make it a point to regularly obtain mining equities from various producing companies. You cannot build anything by only speculating – investment is the key for growth in any market.

Buying a share in a company is a good way of starting a speculation. The share is only a claim but not the real asset itself. Thus these investments carry their own risk but hide a great catch for which the investor has to wait. It would be frustrating as the price of silver increases and their investment stays the same or even starts to dissolve. To avoid this it is better to investigate about the company or producers from which you have purchased.

Investors who are in still in their first stages of investment are more susceptible to market fluctuations. It is important that they minimize the risks by speculating. To avoid any downfall in the investment, it is better to invest and build up a good portfolio and use a small share of your investment to speculate.

Is Now A Good Time To Invest In Silver?

If you’ve been waiting on the sidelines to invest in silver you may be thinking that perhaps you missed the boat and the best time to invest in 2012 has passed. The price of silver has risen significantly since the start of 2012 and you’re probably kicking yourself if you didn’t invest at the start of the year. But many analysts still think there are significant gains to be made investing in the white metal.

David Morgan, publisher of Silver Investor still thinks that silver will rise above $50 per oz in 2012. There is also a chance that it may reach $65/$70 per oz before the end of 2012. So silver may still be a very good investment for 2012. The demand for this precious metal is expected to rise sharply as manufacturing begins to ramp up, especially in eastern countries like China. That can only push up the price further. Combine that with investors fears over a european debt crisis and silver looks like even more of a good investment right now.

The question for many potential investors is how to invest in silver. Indeed there are many ways to invest both directly and indirectly including silver bullion, silver coins, silver mining stocks and my personal favorite silver exchange-traded-fund or ETFs. Whichever vehicle you chose to invest in you should always be aware of the advantages and disadvantages of that particular method of investing. Speak to an independant financial advisor if you are uncertain about investing in precious metals like silver before taking the plunge.

If you’re a more seasoned investor and know the risks of investing in precious metals then you’re probably already invested or getting ready to invest. The question is when to invest. Do you wait for a downturn or buy on the rise. My advice would always be to buy on the rise but not get too greedy and cash in profits early. If silver does rise above $50 per ounce I will be taking a profit on 50-75% of my silver portfolio which includes silver mining stocks and ETFs.

Investing In Silver Through Silver Coins

Over the years, people have been collecting coins for various reasons. Some collected just for the love of it, and their beauty while others did so with an eye of making a profit. Though initially it was only done by a few people, especially the royalty, more people recently began appreciating it. In fact the concept of numismatic began to make sense and people started getting serious about it. Investing in silver coin is no rocket science, it just requires particular understanding and its function in the market.

One of the reasons for venturing into this business is that its price keeps on increasing. The popularity of valued metals is going from strength to strength. Nowadays most investments are through the precious metals, the likes of gold and silver.

The increasing impact of computer technology and more so the internet, has transformed the way business is carried out. It is now possible for one to easily trade or make business transactions online. People can be able to buy and sell through the internet. Advertisements can be posted online as well as processing of orders. Information about the silvery coin can reach a lot of customers who spend most of their time online faster.

The internet provides a way in which the customers can browse through the many numismatic items by price. There are also auctions that they can be able to participate in. They just require logging in order to find the listings that deal with auctioning of such coin and submit their bids.

Before spending money on these metals, it is important for people to first of all consider their financial status. The amount of money that one is willing to commit to the investment plays a big role in determining the returns. Large investment may results in increased returns as compared to small investment.

Collectible numismatic refers to numismatic coins whether gold or silver, that are collected due to their value and characterized by certain attributes such as their quality, rarity age and condition. Sometimes the collectible numismatic does not necessarily refer to gold or silver, but those which are exceptional and can be ranked. On the other hand, bullion coins refers to a type of investment covering coins and valued according to the quality of the metal that makes up the coin. They are also produced in large quantities as compared to the collectible numismatic that are produced in small quantities.

Certain characteristics of these metals make it more valuable. Attributes such as rarity, adds the aspect of beauty and uniqueness to it thereby increasing its demand and value. Once the coin is scarce to find, its intrinsic value appreciates. Other reasons why rarity causes the value of the coin to appreciate in value includes historical value, liquidity meaning it can be easily exchanged for cash, and even privacy.

Popularity varies from coin to coin. Some are more popular than others because of their beauty and significance due to history. Coins can last for a long period of time and coin collectors value highly metals that portray the historical pattern of a certain age or a certain period in time. Popularity also varies depending on where the coins were minted. There are certain minting firms that have coins that are valued highly as compared to others, due to their mint mark.

The value changes depending on the age of the item, a hundred year old coin is more valuable than a coin that has been minted recently. Its condition is also another factor that affects its value. The condition could be determined by certain principles, like being given a number. A certain range of number being given to indicate the best preferred condition that the coin is expected to have. An example is numbers from 60-70, with 70 being considered ideal.

Metal content of the coin influences its value. Those that contain more metal content are more valuable that the ones with less metal content. In as far as metal content is concerned, it is vital to know how to distinguish coins that contain silver content and those that do not contain silver content. A close look at the edge of the coin will provide some insights. If the edge is all covered with silver colour, then it is clad, but if it contains copper, then its not.

Investing in silver coins provides an opportunity for dealing with various varieties. Of particular interest is the Morgan Silver Dollar, which refers to prominent variety of coins that are ranked among the most collected in the U. S. Their variety and overdates are wide. They are beautiful and large as well as of high quality.

Silver In 2012 – LBMA Forecasts Bullish Year For Silver

London Bullion Market Association Bullish About Silver Prices 2012

In a report from the London Bullion Market Association, the silver forecast for 2012 looks like being rather bullish. The report forecasts the price of four precious metals during 2012, namely Gold, Silver, Platinum and Palladium.

While forecast contributors expect all four metals prices to increase during 2012 by at least 10%, continued uncertainty in the global economy mean that they are also expecting significant volatility in prices for all precious metals.

Forecasters expect gold prices to hit record highs again this year, with a predicted average high of $2,055 in 2012. Analysts cite continued negative real interest rates in the euro zone, weakness in the US dollar, debt problems in the US and Japan and further central bank purchases of gold as factors which could push the price above $2,000.

On the downside, an improvement in the US economy and uncertainty in the Middle East and the euro zone, are cited as potential negative influences on the gold price. But overall analysts are bullish, predicting an average price of $1,766, a 10.2% increase from that recorded in the first week of 2012.

Of the four metals, the analysts are most excited about silver in 2012, with the average price forecast to reach $34, 17.3% above the average silver price in the first week of 2012. But analysts warn that the price may also come under pressure from over supply and sluggish demand.

You can read the full PDF report at the LBMA website (link below).

Source: London Bullion Market Association Forecast 2012

What Are The Most Traded Silver Stocks In The USA?

According to market experts, silver prices are expected to go up, especially after outpacing gold prices in the year 2010. Driven by monetary factors and forces of supply and demand, the prices of the precious commodity are expected to reach its all time high in the next 12 to 18 months. This has been orchestrated by the fact that silver trading grew by 29% while customer numbers also hit twenty-one thousand. If you need to know what are the most traded silver stocks in the USA, then here they are.

Silver Wheaton Corporation (Ticker: SLW)

This is one of the unique companies in this line of business. It is considered by many as the most stable silver trading company. This is largely attributed top its stable and unique model of doing business. It mainly obtains the commodity through signing long-term purchase contracts. This is contrary to most companies which do the mining by themselves. Currently, it has about 15 purchase agreements, from where it obtains high quality silver at relatively lower prices. According to the company estimates, it will hold about 40 million ounces of silver in annual production in 2013 from 23.5 million ounces in 2010. Its mangers own up to 10% of the shares. On the other hand, its return equity stands at 9.7%.

Pan American Silver (Ticker: PAAS)

According to analysts, this company could gather momentum and outperform most trading companies. The management of this company is busy reassuring its investors about its ability to extract silver in one of the biggest open fields in the world. The project which is in Argentina is estimated to contain close to 632 million ounces of silver. Analysts are confident that the company is capable of outperform silver, after experiencing some uncertainty over whether it should continue operating or not.

Goldcorp (Ticker: GG-N)

Although its name denotes as though it operates in gold stock, Goldcorp is one of the top traded silver stocks in the United States. Globally, it controls about 13 million ounces of silver annually. After the company reported that its revenue had risen to 28 % in the third quarter, its share rose to $48 down from $12. According to analysts, Goldcorp is one of the companies that a serious investor should consider eyeing.

Silver Standard (Ticker: SSRI-Q)

Though its transition from exploration to production posed many challenges to this company, its able leadership and high-quality assets are still attracting many investors. Its darkest moments came in the third quarter of 2011 when it lost about ten cents a share, against the projection of 6 cents by Wall Street. This was caused by lower silver production and higher interest rates.

Its attempt to adjust to recover from foreign exchange loss also cost it 4 cents per share against market projections of tow cents. However, it brought in a new CEO who is working hard to get it out of the woods.

Minefinders (Ticker: MFN-A)

This company can greatly benefit with any slight jump in silver prices. According to market projections, the company, which currently trades at about $10.80 could instantly hit between $13 to $15. However, there are risks associated with this as well which is between %7 to $7.5. The company lost about 7 cents a share in the last quarter of 2011 which was much lower than what market analysts had projected. Currently, Minefinders controls the multimillion ounce silver mine in Mexico.

Coeur d’Alene Mines (Ticker: CDE-N)

Over the last few years, the company was nowhere in the limelight. However, it picked up its performance in the second half of 2011, becoming one the most respected companies trading in silver. Until September of 2011, its shares were valued at 2 cents a share, which was much higher than the analysts had projected. However, this was below consensus estimates which projected that it would gain about 7 cents a share.

Buenaventura Mining Company Inc. (Ticker: BVN)

This is one of the companies that trade in both silver and gold. It currently operates in seven mines and is also a minor shareholder in many others. Besides silver, it also mines copper, and has about 18.5% shareholding in Cerro Verde copper mine. Despite that fact that its CEO is a major shareholder, the company still scores highly in terms of management. This can be manifested by its returns, which hit 28.5% in 2010. This is arguably the highest of all silver stocks in the whole of the United States. Currently, it trades in the New York Stock Exchange, and boasts of over 10.1 billion market capitalization. Its sales have increased at the rate of 10% for the last three years, making it one of the traded silver stocks in USSA.

Endeavour Silver Corporation (Ticker: EXK)

This is a Canada-based company that primarily operates in Mexico. It scores very highly in term of performance. Though there have been stock appreciations of 188%, its sales volume have increased at the compounded rate of 45% in the last three years. This is by far the highest of any other silver company. This will eventually translate to better earnings and even appreciation in stock values in the next few years. Its share price is valued at $5, and a market capitalization of about $225 million dollars. With each distinction come some security concerns. However, such risks come with greater rewards.

Mines Management, Inc. (Ticker: MGN)

This company does acquisition, development and exploration of mineral deposits in the USA. Its biggest project is found in Montana, where it owns about 1,500 acres of land mines. Its directors and top officers have heavily invested in the company, owning about 20% shares. The management has however managed to increase the values of the shareholders from $0.91 to $2.64 which represents a 200% increase. This was done without taking any debts into consideration. Currently, it does not have any long-term debt and boasts of 0% debt-to-equity ratio. Its balance sheet is also very strong. It has a working capital of $7.7 million dollars and liabilities totaling $1.7 million. It has a share price of $ 5 and a market valuation of around $68.83 million.

First Majestic Silver Corp. (Ticker: AG)

This company has over $1.61 billion dollars in market capitalization. It is trading at the ratio of 64.25. At the moment, its share price stands at %15. On the other hand, its debt to equity ratio stands at $2.46. Its accumulative debts are around $5.47 million.