How Much Is Silver Worth - The Ups And Downs Of Silver

How Much Is Silver Worth? – The Ups And Downs Of Silver

By: - Investing - October 19, 2011
how much is silver worth %E2%80%93 the ups and downs of silver

The answer to the questions “How much is silver worth?” will change by the day, sometimes by the hour or even minute. Silver is almost always priced and measured by the ounce in the US, but you may hear the price of silver per gram quoted in other areas of the world. As of this writing, the price of silver is currently sitting at $31.19 per ounce, but at $1.01 per gram. Depending on where you are in the world, you will find one or the other when looking for silver prices.

When you are looking at the stock market in general, you may notice that the price of silver per gram or ounce goes up when the general stock market is down. This makes silver, as well as its counterpart, gold, a fairly safe investment when the stock market is down. When the stock market is doing well, you will find that the price of silver per gram and ounce goes down.

Depending on who you ask, it may be advised when the market is down or volatile and thought to be going on a downturn, to invest in silver and gold to be safe. However, gold and silver have their ups and down just as much as the stock market, especially throughout 2011. As mentioned at the beginning of this article, you will find different answers to the question “how much is silver worth?” depending on when and where you ask it.

When it comes down to it, the price of silver usually is dependent on where speculation goes, though demand does have something to do with it as well. For instance, if small group of investors think that silver will go up soon, there will be a flurry of excitement and people will begin buying silver.  When people buy silver, the price goes up, so of course, the investors were right when they said silver will go up soon.  However, this is called “artificial demand” or also known as a bubble with silver prices. This is definitely different than how stocks themselves are traded. If you think you know how to trade on the stock market, silver is different, so you should not be as confident. It is always recommended to speak with a professional.

When you ask the question, “how much is silver worth?” you will find many answers and should look for a valid source to answer the question at that particular time.