Thursday, August 13, 2015

Silver coin price

Silver is one of the most useful and costly metal over which a person can invest. Due to amazing features of the white metal silver it is widely used for industrial purposes. In terms of value silver market is much smaller as compared to gold market. It could easily be influenced by large traders or investors both positively and negatively.



Investment in silver:
 Morgan Stanley is one of the big investor of silver in the year 2012. As silver has a great industrial utility less silver is avail for silver bullion coins and bars. There is a vast uncertainty in paper investment of silver. Long term rise in industrial and jewellery usage result due to the emergence of middle class. This class of population have maximum interest on silver coins. Emergence of this class produces investment demand for silver coins. Affordable silver coin price will make it most valuable asset in coming years. Silver mining companies mine silver along with ore of metals like tin, lead, zinc, and copper. So, investment is not on silver mining alone. Hence, the share of investment of mining is distributed among different metals. The cost associated with silver coins include price of metal content plus dealer premium. So, the price of silver coins and bars are determined after adding the premium with the price of silver.

Comparative feature:
Silver does not hold any special place in taxation as compared to gold. This is one of the factors responsible for investors less attraction towards silver coins. There are many hidden facts in the price history of silver. The recent statistics shows that there are sixty times more silver available than gold. But, fact is that there is much less silver available than gold. Silver coin price is affected illegally by some big investors. The reason behind this manipulation of silver coin prices are bankers. When a person invests on silver coins he or she saves the assets but, bankers need liquid flow of currency to maintain profit of their bank. Such policies of the bankers to manipulate the prices of silver also reflect on silver coin prices.


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