Silver Education

A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal. It occurs as a pure free metal (native silver) and alloyed with gold (electrum), as well as in various minerals, such as argentite and chlorargyrite. Most silver is produced as a by-product of copper, gold, lead, and zinc mining.

 

Silver has been known since ancient times and has long been valued as a precious metal, used to make ornaments, fine jewelry, high-value tableware and utensils (hence the term "silverware") and currency coins. Silver is currently about 1/67th the price of gold by mass and approximately 57 times more valuable than copper. Silver once traded at 1/6th to 1/12th the price of gold, prior to the Age of Discovery and the discovery of great silver deposits in the Americas, including Peru, Mexico and the United States, such as the vast Comstock Lode in Virginia City, Nevada, USA. This then resulted in the debate over cheap Free Silver to benefit the agricultural sector, which was among the most prolonged and difficult in that country's history and dominated public discourse during the latter decades of the nineteenth century.

 

As a precious metal, silver (in any form) is also considered to be an asset and should be included in any investor’s portfolio in order to provide balance against the ups and downs of other asset classes such as real estate and paper assets (i.e. stocks/bonds). Prior to investing in any asset class you should first educate yourself on the subject matter and seek the advice of a certified financial planner who actively invests themselves.


Learn more about other precious metals such as silver and platinum before deciding to sell your jewelry for cash.


24hr Silver chart

8 hour (New York) EURO price per ounce [Most Recent Quotes from www.kitco.com]
24 hour EURO price per ounce [Most Recent Quotes from www.kitco.com]
 
8 hour (New York) EURO price per kilo [Most Recent Quotes from www.kitco.com]
 
24 hour EURO price per kilo [Most Recent Quotes from www.kitco.com]