Silver is a popular precious metal used for coins, jewellery and investment. Prices quoted in troy ounces, LBMA Silver Price set daily at 12:00 GMT. Silver highly sensitive to US dollar and interest rates
Silver mining began around 3200-3000 BCE, with Greeks leading by 1200 BCE. Spain became global silver producer by 100 CE. South American countries and Mexico remain major silver producers. Indus Valley used tola measurement system, equal to 180 grains
Silver currently trades at $29.54, ranking #5551 in crypto ecosystem. Coin has decreased 0.38% in 24 hours. Market cap is $0 with 0 circulation supply
Silver's 50-year chart shows powerful cup-and-handle reversal pattern. Pattern has lasted over 50 years, unlike other bullish reversals. 1979 and 2011 peaks frame up giant 'cup' formation. 2019 breakout suggests new uptrend is underway
Silver will test former ATH in 2025, reaching $50 in 2025. Price targets are $77 before 2028. Bullish thesis invalidates below $19.50
Silver reached $35 per ounce in Q1 2024, highest in 12 years. Price increased by over 40% since January 2024. Robert Kiyosaki predicts silver could reach $50 per ounce