Market Data
Price
$ 59.76
Ask
$60.01
24h Change
-0.12%
About Silver
Silver is both a precious metal and an industrial metal, giving it a unique dual demand profile. More affordable than gold, silver is the most popular entry point for new stackers.
- Chemical symbol Ag, from Latin "argentum"
- Atomic number 47, highest electrical conductivity of any element
- Used in solar panels, electronics, medical devices, and water purification
- Industrial demand consumes ~50% of annual silver production
- The gold/silver ratio has historically averaged around 60:1