Silver Ounce

Silver Ounce

Silver Ounce overview

Silver is a chemical element with symbol Ag (from the Latin argentum, derived from the Proto-Indo-European h₂erǵ: "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of the seven metals of antiquity, silver has had an enduring role in most human cultures. Other than in currency and as an investment medium (coins and bullion), silver is used in solar panels, water filtration, jewellery, ornaments, high-value tableware and utensils (hence the term silverware), in electrical contacts and conductors, in specialized mirrors, window coatings, in catalysis of chemical reactions, as a colorant in stained glass and in specialised confectionery. Its compounds are used in photographic and X-ray film. Dilute solutions of silver nitrate and other silver compounds are used as disinfectants and microbiocides (oligodynamic effect), added to bandages and wound-dressings, catheters, and other medical instruments.

1 XAG to USD exchange rates chart

XAG to  exchange rates chart

Silver Ounce news

Gold, silver higher

Gold, silver higher on WTOP | NEW YORK (AP) — The November gold contract on the New York Mercantile Exchange closed today at $1,220.80 an ounce — up $8.00. The current silver contract on the “NYMEX” closed at $14.36 an ounce — up 12 cents.

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3 Reasons Why Precious Metals Streamers Are Better Investments Than Miners

Wheaton Precious Metals Corp. (USA) (NYSE:WPM) is an attractively valued play on gold and silver.

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Gold, silver rise

Gold, silver rise on WTOP | NEW YORK (AP) — The November gold contract on the New York Mercantile Exchange closed today at $1212.80 an ounce — up $4.90. The current silver contract on the “NYMEX” closed at $14.24 an ounce — up 18 cents.

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2018 Block Island 5 Oz Silver Uncirculated Coin Released
2018 Block Island 5 Oz Silver Uncirculated Coin Released

The United States Mint just released the 2018-P Block Island National Wildlife Refuge Uncirculated Five Ounce Silver Coin.

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Gold gains 1 percent on dollar retreat, short-covering

Gold rose 1 percent on Wednesday, helped investors covered their short positions after the metal held the key $1,200 level.

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