Silver Price Chart

Investing in silver can be advantageous due to its demand in both the retail sector for jewellery and the industrial sector for fabrication and technology purposes. 

Silver is generally a more affordable investment compared to gold and is valued for its industrial applications, particularly its electrical conductivity.

Although silver is often more thinly traded than gold and more volatile in price movements, it can offer a more affordable hedge for times of trouble and against inflation.

Silver’s price tends to respond more noticeably to manufacturing upturns or downturns. Nevertheless, its enduring value as a metal potential future industrial applications is expected to contribute to increased demand in the years ahead.

Various factors influence the price of silver, including inflation, the strength of the dollar, geopolitical tensions, and global economic uncertainty. 

Additionally, silver’s extensive use in various industrial applications, thanks to its high conductivity, plays a significant role. With the increasing focus on clean energy amid climate change concerns, the demand for metals like silver, essential in producing renewable energy technologies, could impact its price.

Historically, silver prices have tended to rise during periods of inflation.

 Inflation means an increase in the cost of goods, products, and services, accompanied by a devaluation of the currency. Since silver is not tied to paper currency, it can serve as a hedge against this scenario for investors.

Silver is particularly desirable during times of economic uncertainty. Widely regarded as a safe investment option, heightened demand for silver could potentially bolster its price in such circumstances.

At Kinesis, we made purchasing silver very straightforward. 

Simply go to the main dashboard of your Kinesis account and enter the amount of silver you would like to buy in the ‘Buy’ widget, to purchase the precious metal in seconds, at a market price.