The Costliest metal after gold in this world is the silver. The price of gold increased 84% in three years, starting from July 2003 ending in November 2006. But the price of silver increased more than 200% in the same period. People who invested in silver earned much more by their huge returns than people who invested their money in gold.
Public awareness regarding the huge returns and ways to make easy profit in silver market is very less. Hence required importance is not given to silver investment. But the situation is changing to better in recent times. The steadiness of any major economy depends mainly on the silver and gold stock it has. All the features which affect the price of the gold affect the price of silver also and cause fluctuations in its price.
London market fixes the price of silver at 12.15 P.M every day. Popularly known as the silver spot price, this price keeps changing everyday and even throughout the day based on trading activities spread across the world. All major cities like Paris, Zurich, Mumbai, Shanghai, Hong Kong, Sydney, Chicago and New York participate actively in silver trading throughout the day. It is a 24/7 never sleeping market. If you want to know what is the price of silver on a current date, use official websites of NYMEX, The Bullion Desk, Kitco and the Tokyo Commodity Exchange to get updated details.
The COMEX Spot Price official site and the London Fix official sites give graphical data regarding the monthly price fluctuation of the Silver price. They have silver spot price data starting from 1975. If you want to know what is the price of silver ten years back or twenty years back, you can still get reliable data from these websites and their press releases.
Current silver spot price details can be got easily from the COMEX Spot Price website. Silver price is in rise continuously. What is the price of silver now is a tricky question, as the answer keeps changing. Hence COMEX website keeps updating its data constantly. Current price of silver is $28.68 on December 18, 2010. The price will rise at any time. Silver market is a great place to invest for people who cannot afford to invest in the gold market. Wise silver investment will multiply the money in a very short period of time.
Public awareness regarding the huge returns and ways to make easy profit in silver market is very less. Hence required importance is not given to silver investment. But the situation is changing to better in recent times. The steadiness of any major economy depends mainly on the silver and gold stock it has. All the features which affect the price of the gold affect the price of silver also and cause fluctuations in its price.
London market fixes the price of silver at 12.15 P.M every day. Popularly known as the silver spot price, this price keeps changing everyday and even throughout the day based on trading activities spread across the world. All major cities like Paris, Zurich, Mumbai, Shanghai, Hong Kong, Sydney, Chicago and New York participate actively in silver trading throughout the day. It is a 24/7 never sleeping market. If you want to know what is the price of silver on a current date, use official websites of NYMEX, The Bullion Desk, Kitco and the Tokyo Commodity Exchange to get updated details.
The COMEX Spot Price official site and the London Fix official sites give graphical data regarding the monthly price fluctuation of the Silver price. They have silver spot price data starting from 1975. If you want to know what is the price of silver ten years back or twenty years back, you can still get reliable data from these websites and their press releases.
Current silver spot price details can be got easily from the COMEX Spot Price website. Silver price is in rise continuously. What is the price of silver now is a tricky question, as the answer keeps changing. Hence COMEX website keeps updating its data constantly. Current price of silver is $28.68 on December 18, 2010. The price will rise at any time. Silver market is a great place to invest for people who cannot afford to invest in the gold market. Wise silver investment will multiply the money in a very short period of time.
About the Author:
Looking to know more about what is the price of silver and the silver spot price ? Visit our website, priceofsilver.org
No comments:
Post a Comment