Futures contracts can be easily sold prior to expiration. Silver futures let sophisticated investors speculate on prices and hedge their wider portfolios, providing exposure without the hassle of handling physical metal. Futures are derivative contracts where a buyer agrees to purchase a set quantity of silver at a predetermined price on a future date. Both weigh in at one ounce and are guaranteed to be 99.9% pure silver. Popular choices include the American Silver Eagle, the official silver bullion coin of the U.S., and the Canadian Silver Maple Leaf, which is Canada’s official silver bullion coin.
There are a variety of silver coins available for purchase on the market, including both new-issue coins and collectible coins. Lower-weight bars may be easier to sell in a challenging market than larger bars. You can buy investment-grade silver bars of 99.9% purity in weights ranging from 1 ounce to 100 ounces.
Here are the most common ways to invest in silver, from owning bullion to purchasing the shares of companies involved in silver production. Some investors choose silver to hedge their other holdings, while others see it as a store of value that helps in uncertain times. Silver has long been considered a reliable asset to help diversify your investment portfolio.
The 52-week silver price high is $25, while the 52-week silver price low is $22. That’s down 1.15% from yesterday’s silver price of $23.Ĭompared to last week, the price of silver is down 4.14%, and it’s down 0.80% from one month ago. The price of silver today, as of 8:17 am ET, was $23 per ounce.
0 kommentar(er)
