5 days ago
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One of the main reasons why the price is so low is that the supply is huge. It's estimated that there's around 20 times more silver on the earth than gold. It's ...
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Mar 31, 2022 · Mostly because of the existing supply. There is still a considerable amount of silver to be mined and also from scrap metal. On the other hand, ...
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Duration: 15:24 Posted: Aug 19, 2022 VIDEO
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Because 70 percent of the supply of silver is a byproduct of the production of copper, lead and zinc, global production affects the price of silver. Global mine ...
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Sep 12, 2022 · Silver has recently hit a one-month low and been tracking gold's footsteps, which recently hit a 3-week low, due to a stronger US dollar (DXY) ...
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Silver has already been completely demonetized. So it is effectively impossible for its monetary demand to drop any lower. Furthermore, there are no longer any ...
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Silver isn't an awful investment. Like any precious metal, supply and demand will dictate price, in-part. Cost of extracting and refining will also play a role ...
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Because most of the silver production is as by-product from lead-zinc, copper, and gold mines. It is also much more abundant than gold, so is not as costly.
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Silver may be used as an investment like other precious metals. It has been regarded as a form of money and store of value for more than 4,000 years, ...
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Jul 29, 2022 · Silver is cheaper than gold ... Silver is less costly than gold — much. In the 21st century, its spot price in the financial market has never ...
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Feb 2, 2022 · Today silver sits at $22.60 – that's 55% lower. Is there any other asset, let alone a commodity, that is trading at such a discount to its all- ...
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Jul 26, 2021 · Gold has been used as a form of money for centuries; it doesn't tarnish like silver and so the low maintenance nature of this metal may also ...
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Oct 7, 2020 · As introductory economics dictate, supply is also a significant driver of silver prices. If demand increases but supply can't match the need for ...
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Gold and silver are money because they hold their value for centuries. In contrast, just consider the loss of purchasing power of the dollar since the year 2000 ...
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