Silver

Everything you need to know about money

You want to protect yourself from the monetary crisis and inflation ? Investing in physical silver gives you financial stability and protection against economic hazards. In these lines we explain everything you need to know about money!

HOW THE SILVER PRICE CHANGES ?

The price of silver is also called “spot price”. It is determined twice a day in London according to international supply and demand at any given time. This quotation sets the price of the troy ounce of silver and allows exchanges (purchase and sale). The price remains variable and may increase or decrease depending on external factors. Unlike the stock market which reflects the financial health of companies, the prices of gold and silver are based on:
  • Geopolitical crises, international growth and currencies;
  • An increase in purchases to build up reserves;
  • Central Banks and their economic policies;
  • The stock market: investors favor investments in physical precious metals in the event of a gradual fall in shares on the markets.

The price of silver fell during the first lockdown linked to Covid-19. Subsequently, the price rose and is now stabilizing around 18 euros per troy ounce, or around 600 euros per kilo of silver.

The daily quotation makes it possible to partly fix the price of silver bars and coins, French or foreign.

WHY INVEST IN MONEY ?

The international context is uncertain and states and central banks are buying precious metals en masse. Individuals also invest in silver with the purchase of silver  in bars or coins. Acquiring money offers several advantages:
  • Money is a protection against inflation: when the value of money falls, purchasing power is eroded. Investing in money allows you to preserve your wealth over the long term. The price of silver fluctuates but remains stable over time;
  • Ease of management: you can easily buy or sell bars or silver coins . You have the products at home or in a safe.
  • The inheritance and transmission of silver ingots or coins can be done from hand to hand. The tax administration must be notified of the donation which is then subject to the inheritance scales.
  • Diversification of assets: this is one of the rules of investment so as not to limit capital losses;
  • The access price of silver: palladium, platinum or gold have higher prices. Purchasing silver bars will cost you more. Silver is therefore an alternative to these metals. Ingots come in all sizes and weights.
The Gold Union agencies welcome you all year round to present the different ranges of pure silver products. Bars or coins, you can also buy silver via our e-commerce site.