Our one-year silver price chart shows the USD price of silver in ounces. You can use our charts to track the price of silver, adjusting the drop-down options to show the currency, weight and time period you prefer.
One Year Silver Price
Many investors use the one year silver price chart to decide when it is the best time to buy silver. You could look at any period of time on a silver price chart and whilst you might identify some trends, it certainly won’t tell you any future ones. People look at the price of silver, hoping they will invest at a time that will see them maximize returns at a later date. Instead of looking at trends in the silver price, ask about why you are investing in silver.
This might seem odd, but we don’t believe that you should base your decision to invest in silver on its price. Yes, returns are nice but the price should only determine how much silver you can buy, i.e. its affordability. But, the one year silver price should not affect the inclusion of the precious metal in your portfolio. This is because silver sits in an investors portfolio, stored safely in a secure storage facility, for the long-term.
People invest in physical silver bullion long-term because of its historical performance as a safe haven, a hedge against inflation and a form of financial insurance against systemic risks. These factors often increase the price of silver, but that does not mean that the rising price is what drives people into silver investment. Instead, it is these drivers of the silver price that inspire people to buy it.
If you are still keen to spot when a price change is coming then consider the following:
What is the media saying? - pay attention to news events, central bank announcements, earnings reports etc to try and identify when those factors that drive silver have been affected
Look elsewhere - silver is an industrial metal and a by-product of other metals mining. So if you see something significant happening in other assets, or even asset classes watch how it affects silver (if at all)
Silver is for the long-term - as explained above, we hold silver as a hedge. The factors mentioned above are all caused by or are followed by long-term policies that give more reason to hold silver bullion.
If you'd like to add Silver to your portfolio and need some assistance, please contact GoldCore by chat, email, or phone, and our knowledgeable team will be happy to help.
[Featured Article] Gold Prices Fall to Lowest Finish in a Week
Via MarketWatch Today’s Featured Article is from MarketWatch with contributions from GoldCore CEO Stephen Flood. Gold futures fell on Wednesday, posting their first loss in three sessions and marking their lowest finish in a week, weighed down by strength in the U.S. dollar, as investors awaited further progress toward a new COVID-19 relief package in Congress […]
[Video Update] What is Driving the Rally in Gold this Week?
In today’s video update Mark O’Byrne discusses what is driving gold’s rally this week. Also in this episode… Have gold and silver prices formed a base?What will stop the dollar sell-off?Why is Bitcoin falling while gold rises?What Mark is watching this week? Click the video below to watch. Don’t forget to “Like” and share this […]
Gold Helps Me Sleep at Night
The King and Queen will be Gold and Silver
Jim Rogers Interview
GoldCore Shipment Notification December 2022
GoldCore client shipments will cease December 7th and commence again January 9th 2023.
You can still place all orders, either over the phone or online.
We have excellent availability on all coins and bars at very competitive premiums.