Precious Metals 121124: Gold pushing higher on politics, tariff fears
Wednesday 8:25 AM
Silver market: Investments and trading
Seek opportunities in the silver market with in-depth analysis, guidance and support on effective silver investment strategies for all types of investors, including self-directed, institutional and commercial clients.
Silver market overview
The significant demand for silver stems primarily from its diverse industrial applications, with slightly over half of the annual trade attributed to multiple industries. Its malleability and physical strength make it a versatile material utilized in a wide range of modern products, including LED chips, alloys, nuclear reactors, as well as applications in medicine, dentistry, and water purification.
The remaining half of the silver market is predominantly dedicated to jewelry and investments in silver coins and bars. Due to the substantial allocation of silver to industry, in contrast to approximately 10-15% for gold, its value tends to be more volatile, influenced significantly by the varying demands of global economies.
Despite the fluctuating nature of its value, silver remains a highly sought-after precious metal, trusted as a long-term wealth investment. Like gold, silver is bought and sold through over-the-counter trading (OTC) facilitated by a dealer network, not a centralized exchange.
London Bullion Market Association (LBMA)
The ICE Benchmark Administration (IBA), tasked with the administration and governance of the London Bullion Market Association (LBMA) Silver price, establishes the authentic benchmark silver pricing, denominated in US dollars per troy ounce. Although sterling and euro prices are provided, they serve as indicative prices solely for settlement purposes.
StoneX is a member of the London Bullion Market Association. We also hold other memberships such as the London Platinum and Palladium Market Association, Singapore Bullion Market Association, and the Dubai Gold and Commodities Exchange.
Silver coins and bars
Physical silver is predominantly traded in the form of bars or coins, with coins often commanding a higher premium due to their increased manufacturing costs and attractiveness to collectors. Collectible coins, commemorating themes ranging from Marvel Comics to Star Wars, also exist as their own unique market.
Silver coins are minted across various countries globally, with the significant production taking place across the UK, Australia, the US, Canada, China, and South Africa. The Canadian Silver Maple stands out as the most popular and widely traded coin, backed by guarantees from the Canadian government regarding its weight, purity, and content.
Other renowned silver coins include the Silver American Eagle, the Silver Chinese Panda, and the Krugerrand silver coin. Regarding weight, silver coins are commonly minted in sizes of 1oz, 2oz, and kilo. Silver bullion bars come in fractions of an ounce, multiples of one troy ounce, grams, or kilograms, with options for both parts and multiples of these units of weight.
You can get started with buying coins and gold bullion bars at StoneX Bullion.
StoneX Bullion: Your reliable silver partner
StoneX Bullion* offers you the chance to buy, sell, and invest in silver gold coins and bars easily and quickly from almost anywhere in the world. We stock high-quality and sought-after metals, sourced from some of the best-known mints such as the Silver Maple Leaf, Silver Eagle, and Silver Britannia.
No matter whether you're looking to invest in bullion for your future, or whether you're after a special coin to crown your collection, you'll find it at StoneX Bullion.
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Precious metals Market Intelligence
Precious Metals 120924: Weekly round-up for StoneX Bullion; Gold still marking time while the Chinese Central Bank collars the headlines (some of them)
Monday 2:41 PM
Precious Metals London Weekly Front Desk Presentation 120424; Interest rates, yen carry and French issues = zero sum for gold
Wed, Dec 4, 2024 at 04:04 PM UTC
Precious Metals 120224: Weekly round-up for StoneX Bullion; gold marking time, possible short-term presssure
Mon, Dec 2, 2024 at 02:02 PM UTC
Upcoming events
Silver investment FAQ
How to buy silver bullion
For self-directed investors interested in buying coins or silver bullion for their portfolio, visit StoneX Bullion.
For institutional investors and commercial businesses looking for precious metals services, get in touch with the StoneX Precious Metals Team.
What are silver futures?
Silver futures are financial contracts that obligate the buyer to purchase or the seller to deliver a specified amount of silver bullion at a predetermined future date and price. These contracts play a crucial role in the silver market, providing a means for investors and businesses to hedge against price fluctuations.
Investors interested in participating in silver futures can monitor silver futures prices, which are determined through the interplay of supply and demand dynamics in the market. These prices serve as indicators of future expectations for the value of silver, allowing market participants to make informed decisions about buying or selling silver futures contracts.
Engaging in silver futures trading enables investors to take positions on the anticipated future movement of silver prices, providing opportunities for profit in both rising and falling markets. It also allows for strategic risk management, particularly for those involved in industries reliant on silver as a key commodity.
In summary, silver futures are financial instruments that facilitate speculation and risk management in the silver market, offering a mechanism for participants to navigate and capitalize on price movements in the silver bullion sector.
StoneX: We open markets
Our market expertise, advanced platforms, global reach, culture of full transparency and commitment to our clients’ success all set us apart in the financial marketplace.
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GlobalityWith access to 40+ derivatives exchanges, 180+ foreign exchange markets, nearly every global securities marketplace and numerous bi-lateral liquidity venues, StoneX’s digital network and deep relationships can take clients anywhere they want to go.
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TransparencyAs a publicly traded company meeting the highest standards of regulatory compliance in the markets we serve; our financials and record of accomplishment are matters of public record. StoneX’s commitment to “doing the right thing over the easy thing” sets us apart in the industry and helps us build respect, client trust and new partnerships.
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ExpertiseFrom our proprietary Market Intelligence platform, to “boots on the ground” expertise from award-winning traders and professionals, we connect our clients directly to actionable insights they can use to make more informed decisions and achieve their goals in the global markets.
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Through the FCM Division of StoneX Financial Inc., a clearing member of the Commodity Exchange (COMEX) and the New York Mercantile Exchange (NYMEX), the Metals Team provides comprehensive futures and options on these exchanges. OTC swaps are also available on these products through StoneX Markets LLC. Through our membership on the Chicago Mercantile Exchange (CME), our clients can access its full product slate including the plastics, NGL, and olefins contracts.
The FCM Division of StoneX Financial Inc. is a Futures Commission Merchant registered with the Commodities Futures Trading Commission ("CFTC").
The trading of commodities and derivatives such as futures, options, and swaps involves substantial risk of loss and may not be suitable for all investors. Advisory services as well as the trading of futures and options is available through various subsidiaries of StoneX Group Inc. including but not limited to the FCM Division of INTL FCStone Financial Inc. Public Disclosures for the FCM Division of INTL FCStone Financial Inc. The trading of over-the-counter products or swaps is available through subsidiary stoneX Markets LLC to individuals or firms who qualify under CFTC rules as an eligible contract participant. Please click here for the full disclaimer.
*StoneX Bullion is not available in all markets.