Call us:+44-20-351-47583, Monday-Friday 9am-5pm
CurrencyEuro
LanguageEnglish
Ship ToGermany
Search

Silver Price

The Price Of Silver: Confidence Is Appropriate

Anyone who’s looked at a silver price chart in the past ten years can quickly spot two important facts:

  1. Silver offers yield-seeking investors enormous odds.
  2. The evolution of silver is characterized by sometimes drastic setbacks in the share price.

How do you explain this overall development in the price of silver? Which factors are the most decisive for the price of silver? What kinds of speculations and manipulations take place?

Fiat Money And Precious Metals - Fiction vs. Reality

The rising price of silver in Euros and U.S. Dollars is primarily due to a simple and well-established fact: the money supply in the U.S. and the Euro zone is expanding. Europeans - unlike Americans - at least know the Geldmengenzwachs exactly. From January 2000 to January 2012, the total amount of money the European Central Bank (M3) increased from 4,715 billion to 9,759 billion Euros: an increase of 106%. However in the United States the announcement of the money supply in 2006 was adjusted so there are no longer official figures. When the money supply cannot keep up with economic growth, the value of that currency inevitably decreases.

Question: How can you accurately measure the reserve currency, the U.S. dollar and other major currencies such as the euro, yen and British pound when they all suffer from the same development?
Answer: Gold and silver are two precious metals that have been used for thousands of years to reflect the value of goods.

Unlike so-called fiat money (that can be multiplied at will, and whose value can be represented today officially only in other fiat money), the amount is limited to precious metals available at any time to a specific maximum. The price of gold and silver is therefore largely nothing more than currency devaluation viewed from a reasonable base.

Industrial uses of silver

The question remains as to why the development of the price of silver is so erratic. One factor is the importance of silver as an industrially valuable precious metal. In the wake of the 2007/2008 financial crisis, all major economies (excluding China) slipped into a recession that affected the silver price significantly because the economic demand was lacking. However, the slump in the silver price (from about $20 to below $10 in 2008) cannot be explained solely by lack of industrial demand. Silver was and is an important object of speculation and manipulation in which profits can be generated either by rising or falling prices.

Actual Silver Price in Euro Ask Bid
EUR 1/4oz 7,78g 4,326 4,317
EUR 1/2oz 15,55g 8,651 8,635
EUR 1oz 31,10g 17,302 17,269
EUR 2oz 62,20g 34,604 34,538
EUR 5oz 155,51g 86,510 86,346
EUR 10oz 311,04g 173,021 172,691
EUR 12oz 373,24g 207,625 207,229
EUR 20oz 622,07g 346,041 345,382
EUR 25oz 777,59g 432,551 431,728
EUR 1,0g 0,556 0,555
EUR 2,0g 1,113 1,110
EUR 5,0g 2,781 2,776
EUR 10,0g 5,563 5,552
EUR 20,0g 11,125 11,104
EUR 25,0g 13,907 13,880
EUR 50,0g 27,814 27,761
EUR 100,0g 55,627 55,522
EUR 200,0g 111,255 111,043
EUR 250,0g 139,069 138,804
EUR 500,0g 278,137 277,608
EUR 1kg 556,274 555,215
EUR 2kg 1.112,548 1.110,430
EUR 5kg 2.781,370 2.776,075
02/24/2017 15:53:03
No responsibility is taken for the correctness of this information!
Actual Silver Price in US-Dollar Ask Bid
USD 1/4oz 7,78g 4,573 4,563
USD 1/2oz 15,55g 9,145 9,125
USD 1oz 31,10g 18,290 18,250
USD 2oz 62,20g 36,580 36,500
USD 5oz 155,51g 91,450 91,250
USD 10oz 311,04g 182,900 182,500
USD 12oz 373,24g 219,480 219,000
USD 20oz 622,07g 365,800 365,000
USD 25oz 777,59g 457,250 456,250
USD 1,0g 0,588 0,587
USD 2,0g 1,176 1,174
USD 5,0g 2,940 2,934
USD 10,0g 5,880 5,868
USD 20,0g 11,761 11,735
USD 25,0g 14,701 14,669
USD 50,0g 29,402 29,338
USD 100,0g 58,804 58,675
USD 200,0g 117,607 117,350
USD 250,0g 147,009 146,688
USD 500,0g 294,019 293,376
USD 1kg 588,037 586,751
USD 2kg 1.176,074 1.173,502
USD 5kg 2.940,185 2.933,755
02/24/2017 15:53:03
No responsibility is taken for the correctness of this information!
Actual Silver Price in British Pound Ask Bid
GBP 1/4oz 7,78g 3,656 3,649
GBP 1/2oz 15,55g 7,312 7,298
GBP 1oz 31,10g 14,625 14,596
GBP 2oz 62,20g 29,250 29,193
GBP 5oz 155,51g 73,125 72,982
GBP 10oz 311,04g 146,250 145,965
GBP 12oz 373,24g 175,500 175,158
GBP 20oz 622,07g 292,500 291,930
GBP 25oz 777,59g 365,625 364,912
GBP 1,0g 0,470 0,469
GBP 2,0g 0,940 0,939
GBP 5,0g 2,351 2,346
GBP 10,0g 4,702 4,693
GBP 20,0g 9,404 9,386
GBP 25,0g 11,755 11,732
GBP 50,0g 23,510 23,464
GBP 100,0g 47,020 46,929
GBP 200,0g 94,041 93,858
GBP 250,0g 117,551 117,322
GBP 500,0g 235,102 234,644
GBP 1kg 470,204 469,288
GBP 2kg 940,408 938,576
GBP 5kg 2.351,020 2.346,440
02/24/2017 15:53:03
No responsibility is taken for the correctness of this information!
Actual Silver Price in Swiss Franc Ask Bid
CHF 1/4oz 7,78g 4,605 4,593
CHF 1/2oz 15,55g 9,209 9,186
CHF 1oz 31,10g 18,418 18,372
CHF 2oz 62,20g 36,836 36,745
CHF 5oz 155,51g 92,090 91,861
CHF 10oz 311,04g 184,180 183,723
CHF 12oz 373,24g 221,016 220,467
CHF 20oz 622,07g 368,361 367,446
CHF 25oz 777,59g 460,451 459,307
CHF 1,0g 0,592 0,591
CHF 2,0g 1,184 1,181
CHF 5,0g 2,961 2,953
CHF 10,0g 5,922 5,907
CHF 20,0g 11,843 11,814
CHF 25,0g 14,804 14,767
CHF 50,0g 29,608 29,534
CHF 100,0g 59,215 59,068
CHF 200,0g 118,431 118,136
CHF 250,0g 148,038 147,671
CHF 500,0g 296,077 295,341
CHF 1kg 592,153 590,682
CHF 2kg 1.184,306 1.181,364
CHF 5kg 2.960,765 2.953,410
02/24/2017 15:53:03
No responsibility is taken for the correctness of this information!
About Cookies on this site - This site uses Cookies to improve your online experience. By continuing to use this site without changing your cookie preferences we will assume that you are agreeing to our use of cookies.