The current price of silver may have fluctuated a bit over the last few weeks but it is still at a high point when you compare it to prices over the last 20 years. Due to the growing demand for silver, Canadian Silver Dollars has seen some exciting price points in silver bullion and silver coins. The last 10 years have been good to silver investors because no matter when they buy in, the current price of silver continues to go up.
That’s not to say we haven’t seen a few dips in silver prices now and then, but that is the nature of any market. The current price of silver is in an advantageous spot for everyone: those in the market have already made money and will continue to do so and those who are just starting to look at investing can still afford to buy silver and will still see gains as early as this year. Canadian Silver Dollars continually advises clients that, unlike gold, silver is still an affordable investment, and the sooner you get in the market, the sooner you’ll start making money.
Silver is mined in remote areas and the difficulty in obtaining new sources cannot meet the increased demand in the 21st century. The current price of silver is affected by the scarce supply as well as the demand for it from:
- consumer industry
At Canadian Silver Dollars we have our finger on the pulse of silver dollar supply. Let us show you how easy it can be to own a precious metal no matter what the current price of silver is.