Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.
    2021
    Best News & Analysis Provider
    FxDailyInfo
    2022
    Best Forex Educational Resources Global
    International Business Magazine
    Silver
    23.137
    +0.02+0.09%)

    Silver

    XAG/USD
    23.137
    +0.02+0.09%)
    Today
    0.09%
    This Week
    1.26%
    1 Month
    -0.06%
    6 Months
    -4.22%
    Year to Date
    -2.8%
    1 Year
    9.12%
    loading....loading....

    Info of Silver

    Silver is a chemical element with the symbol Ag and the atomic number 47. It is a soft, white, lustrous metal that has the highest electrical and thermal conductivity of any metal. Silver is used for various purposes, such as making jewelry, coins, electronics, and photography. Silver can form compounds with different oxidation states. Silver also forms alloys with other metals, such as copper, gold, and zinc. Silver has many applications in various fields, such as medicine, industry, art, and science. Silver has antibacterial properties, and is used in wound dressings, dental fillings, and water purification. Silver is also used as a catalyst, a coating, a solder, and a superconductor. Silver has a long history and cultural significance and is associated with purity, elegance, and wealth.

    Silver is considered a commodity that can be traded in the global market, and a potential investment option for those who seek to diversify their portfolio and hedge against inflation and uncertainty. Some of the common ways to invest in silver are by buying physical silver, such as coins, bars, or bullion; buying shares of silver mining companies or silver streaming companies; buying silver futures or options contracts.

    Silver is a scarce and valuable metal, with a high demand and a limited supply in the global market. It has a low correlation with other assets, such as stocks and bonds, which can reduce the overall risk and volatility of the portfolio. Besides, It has a high potential for growth and innovation, as it is used in various emerging and expanding sectors, such as renewable energy, biotechnology, and nanotechnology. It also has a high sensitivity to inflation and economic downturns, which can increase its appeal and attractiveness as a safe-haven asset.

    However silver has high competition and substitution, which can reduce its demand and value in the long term. For example, silver can be replaced by cheaper or more efficient metals, such as copper, aluminum, or platinum.
    loading....
    goTop
    quote