Silver is one of the classic and most widespread of the investment metals. Notwithstanding all the short-term fluctuations in the market, silver has continued to rise steadily in value over the past years.
Unlike gold, silver is an important raw material used by the industry. In particular the demand from the electronic and solar industry will have further influence on the development of the price of silver. Because it has antibacterial properties, silver is also gaining in importance in medicine and in the textile industry. Experts in precious metals therefore anticipate a positive development in the price of silver in the long term, for silver deposits throughout the world are limited.
Silver coins are minted with a nominal value. The value of the silver exceed the nominal value many times over and are traded as bullion coins wordlwide.
