Silver as an investment is a good investment option, and silver like gold, has remained a store of value and medium of exchange for at least last four thousand years.
Discuss![]
Talk about everything related to Silver as an investment in our wiki-based forum.
Silver Price[]
Year to 31st December |
Silver price US$/oz |
Gold price US$/oz |
Gold/silver ratio |
---|---|---|---|
1910 | 0.54 | 20.67 | 38.28 |
1920 | 0.54 | 20.67 | 38.28 |
1930 | 0.33 | 20.67 | 62.67 |
1940 | 0.35 | 34.50 | 98.57 |
1950 | 0.80 | 40.25 | 50.31 |
1960 | 0.91 | 36.50 | 40.11 |
1970 | 1.64 | 37.60 | 22.93 |
1980 | 15.65 | 641.20 | 40.97 |
1990 | 4.17 | 423.80 | 101.63 |
2000 | 4.60 | 272.15 | 59.16 |
2005 | 8.83 | 513.00 | 58.10 |
2006 | 12.62 | 628.20 | 49.78 |
Investing in silver - methods[]
- Bars
- Coins
- Rounds
- Certificates
- Accounts
- Exchange Traded Funds
- Shares
- Derivatives
Taxation[]
Compared to investment in gold, investment in silver does not carry the same tax advantage in many countries. For example, in many countries of the European Union, investment and trading in gold is exempt from the VAT - value added tax - whereas the investment and trading in silver does not enjoy any such benefit.
See also[]
This article, "Silver as an investment", is a stub. Please consider adding content to this page to make it more complete.
See more information about how to get started at the Central Wikia tutorial.