Silver is one the most sought-after commodities in trading. Silver has a tendency to keep its long-term value and, like gold, will benefit from a low interest rate environment. While gold remains the number one commodity when it comes to traders’ preferences, silver could be an alternative for people who’d like to explore the commodities’ trading world.
We will be sharing valuable information on trading silver with you and helping you increase your knowledge of the commodity in this blog.
Here are some fun facts about Silver
Few traders might know that the world’s first currency was made of silver more than forty centuries ago. According to archives found, thanks to archaeological research, ancient Egyptians described it as “white metal”. Many historians claim that silver was even more costly than gold in the Old Kingdom period. However, there are different opinions on the matter so silver’s price supremacy against gold back then should not be taken for granted.
Silver has been used for the minting of coins and bullion. Silver can also be used to make jewellery and ornaments, as well as solar panels and semiconductors.
It is possible to find silver in…
