Silver Spot Price

Silver, a lustrous white metal, is highly valued as a commodity with diverse applications. It serves as an industrial metal in electronics, solar panels, and medical instruments due to its conductivity and reflectivity. Additionally, silver holds historical significance in currency, jewellery, and silverware. Its antimicrobial properties contribute to medical and water purification technologies. Mexico, Peru, and China are leading producers. Silver prices are influenced by industrial demand, economic conditions, and investor sentiment. Traded on global exchanges, silver offers a hedge against inflation and economic uncertainty.