Wednesday, November 20, 2013
How Silver Usage in Medical Field Influence Its Spot Price?
Click here to purchase silver, gold and platinum coins and bullion with FREE SHIPPING!
We have been using silver for thousands of years. Silver was used to prepare jewelry, artistic decorative items, utensils and in medicine in olden days. Silver is used in electronic industry mainly in modern days. Since silver has good conductivity, more and more electrical items are starting to use silver, increasing the demand for silver and skyrocketing silver prices today. Medical industry also has started to use large amount of silver just like electronic industry. All this influences the constant increase in silver price per gram.
Silver is used in many ways in medical industry. One popular use known by everyone is in dentistry. The amalgams used to make dental fillings are made by mixing mercury and silver powder only. Gold is also used in this process. But silver dental fillings are stronger, last long and are affordable by many people. Silver ions are known for their toxic properties. They make silver highly germicidal. Silver is used in antimicrobial gels and bandages as they destroy bacteria and viruses quickly.
Such increased usage of silver in medical field is one cause for high silver prices today. Creams like silver sulfadiazine cream or SSD cream contain silver as main element. This cream was used during world war to prevent infection among warriors. Usage of various silver compounds was very common in ancient medical forms like homeopathy. Even in modern medicine, a thin film of silver is coated on advanced surgical instruments and emergency ward items to prevent bacterial growth.
A suitable example for this practice is the silver film coating done in the Endo-tracheal breathing tube. Most of the drugs we take have mild silver alloy content in them. All this usage of silver leads to high demand resulting in sharp increase in the silver price per gram. Catheterization is a common procedure which collects the urine of the patients separately in a bag for testing purposes. A device called catheter is attached to the inner organs of the patient to collect the urine.
Various researches have proved clearly, catheters made up of silver alloys are very efficient in avoiding infections caused due to the usage of catheters made of different metals. Many more small instruments similar to catheters have started using silver and its alloys instead of other materials. This increased usage of silver by medical industry creates more demand for silver leading to high silver price per gram. Silver prices today are higher than any other time in the whole decade. All industries including the medicine field had contributed their share in the silver price rise.
Looking for a precious metals provider that sells silver, gold and platinum coins and bullion? Click here to visit our favorite provider (FREE SHIPPING!).
References
http://buy-gold.net/studying-the-history-and-price-of-platinum-per-ounce-today.html
http://www.precious-metal.net/coins/tonga-palladium-hau/
We have been using silver for thousands of years. Silver was used to prepare jewelry, artistic decorative items, utensils and in medicine in olden days. Silver is used in electronic industry mainly in modern days. Since silver has good conductivity, more and more electrical items are starting to use silver, increasing the demand for silver and skyrocketing silver prices today. Medical industry also has started to use large amount of silver just like electronic industry. All this influences the constant increase in silver price per gram.
Silver is used in many ways in medical industry. One popular use known by everyone is in dentistry. The amalgams used to make dental fillings are made by mixing mercury and silver powder only. Gold is also used in this process. But silver dental fillings are stronger, last long and are affordable by many people. Silver ions are known for their toxic properties. They make silver highly germicidal. Silver is used in antimicrobial gels and bandages as they destroy bacteria and viruses quickly.
Such increased usage of silver in medical field is one cause for high silver prices today. Creams like silver sulfadiazine cream or SSD cream contain silver as main element. This cream was used during world war to prevent infection among warriors. Usage of various silver compounds was very common in ancient medical forms like homeopathy. Even in modern medicine, a thin film of silver is coated on advanced surgical instruments and emergency ward items to prevent bacterial growth.
A suitable example for this practice is the silver film coating done in the Endo-tracheal breathing tube. Most of the drugs we take have mild silver alloy content in them. All this usage of silver leads to high demand resulting in sharp increase in the silver price per gram. Catheterization is a common procedure which collects the urine of the patients separately in a bag for testing purposes. A device called catheter is attached to the inner organs of the patient to collect the urine.
Various researches have proved clearly, catheters made up of silver alloys are very efficient in avoiding infections caused due to the usage of catheters made of different metals. Many more small instruments similar to catheters have started using silver and its alloys instead of other materials. This increased usage of silver by medical industry creates more demand for silver leading to high silver price per gram. Silver prices today are higher than any other time in the whole decade. All industries including the medicine field had contributed their share in the silver price rise.
Looking for a precious metals provider that sells silver, gold and platinum coins and bullion? Click here to visit our favorite provider (FREE SHIPPING!).
References
http://buy-gold.net/studying-the-history-and-price-of-platinum-per-ounce-today.html
http://www.precious-metal.net/coins/tonga-palladium-hau/
More Ways to Invest in Silver
Click here to purchase silver, gold and platinum coins and bullion with FREE SHIPPING!
One great source of investment which has inspired people for many centuries is silver. Mankind has been using coins made of gold and silver from time immemorial. When compared to precious metals like gold and precious stones like diamond the price of silver is considerably less. But there is a steady increase in the prices of silver objects, coins and bullions in the last decade. Silver has become an affordable investment for many people who do not have enough money to invest in gold.
The sharp increase in prices of silver has grabbed many people’s interest. So many people are coming forward to invest in silver nowadays realizing the abundant opportunities available in this field. People invest in silver in many unique ways. Here are some alternate ways of silver investments followed throughout the world. In US the price of silver can be paid and traded in the form of silver options and silver futures through various exchanges like Commodity Exchange (COMEX) and New York Mercantile Exchange (NYMEX). There is no necessity to involve physical silver at all.
The investor just has to pay for silver units and obtain the documents from exchange stating they have bought certain amount of silver. There is no physical silver given to the buyer, but just paper proof that they own it. This can be traded anytime for cash in the respective exchange itself. There is no fear of theft, insurance issues or storage issues as there is no physical silver.
The price of silver is valued based on its purity. So it is a common practice to buy pure silver bullions and silver coins all over the world. In Switzerland and few other countries silver account can be started in banks just like normal accounts. Silver deposits and withdrawal are common in many major Swiss Banks. Prices of silver are paid in counters and silver is purchased and traded in bank counters there. Gold can be exchanged for silver through some exchanges like GoldMoney and BullionVault. You can get silver for the value of gold given to the exchange.
Up until late 60's silver certificates were in use in US. This practice started in the beginning of 19th century when paper dollars came into use widely. People paid money to get these certificates, which could be transformed to silver dollars any time they want. Silver investing is much diversified now with options to invest in Spread betting, Contract for difference (CFD) and ETF's.
Looking for a precious metals provider that sells silver, gold and platinum coins and bullion? Click here to visit our favorite provider (FREE SHIPPING!).
References
http://ounceofgold.net/what-is-an-ounce-of-gold-worth/
http://priceofplatinum.org/current-price-of-platinum-per-ounce/
One great source of investment which has inspired people for many centuries is silver. Mankind has been using coins made of gold and silver from time immemorial. When compared to precious metals like gold and precious stones like diamond the price of silver is considerably less. But there is a steady increase in the prices of silver objects, coins and bullions in the last decade. Silver has become an affordable investment for many people who do not have enough money to invest in gold.
The sharp increase in prices of silver has grabbed many people’s interest. So many people are coming forward to invest in silver nowadays realizing the abundant opportunities available in this field. People invest in silver in many unique ways. Here are some alternate ways of silver investments followed throughout the world. In US the price of silver can be paid and traded in the form of silver options and silver futures through various exchanges like Commodity Exchange (COMEX) and New York Mercantile Exchange (NYMEX). There is no necessity to involve physical silver at all.
The investor just has to pay for silver units and obtain the documents from exchange stating they have bought certain amount of silver. There is no physical silver given to the buyer, but just paper proof that they own it. This can be traded anytime for cash in the respective exchange itself. There is no fear of theft, insurance issues or storage issues as there is no physical silver.
The price of silver is valued based on its purity. So it is a common practice to buy pure silver bullions and silver coins all over the world. In Switzerland and few other countries silver account can be started in banks just like normal accounts. Silver deposits and withdrawal are common in many major Swiss Banks. Prices of silver are paid in counters and silver is purchased and traded in bank counters there. Gold can be exchanged for silver through some exchanges like GoldMoney and BullionVault. You can get silver for the value of gold given to the exchange.
Up until late 60's silver certificates were in use in US. This practice started in the beginning of 19th century when paper dollars came into use widely. People paid money to get these certificates, which could be transformed to silver dollars any time they want. Silver investing is much diversified now with options to invest in Spread betting, Contract for difference (CFD) and ETF's.
Looking for a precious metals provider that sells silver, gold and platinum coins and bullion? Click here to visit our favorite provider (FREE SHIPPING!).
References
http://ounceofgold.net/what-is-an-ounce-of-gold-worth/
http://priceofplatinum.org/current-price-of-platinum-per-ounce/
Knowing the Spot price of silver
Click here to purchase silver, gold and platinum coins and bullion with FREE SHIPPING!
When the economy is going through a period of recession, many people would like to put their money away in the form of gold, silver and platinum, so that they can invest it. This investment takes the form of ETFs or just plain bullion. After knowing the current price of silver per ounce, people start investing in the precious metal.
People might buy silver bullion either for storing or just as an investment once they have noted the silver price today. There are bars and coins available for purchase, and people prefer these as they are less costly than gold bars and coins. The American Silver Eagle is quite popular among the silver coins in the US and is equal to one troy ounce. Take care that you do not purchase collectors’ coins when investing. The latter coins are more expensive, as they possess antique value and will have a higher markup price, which is more than the present silver price today.
The ETFs are a preferred choice for some silver investors, as you do not have to store bulky material in this case of buying virtual silver. Bullion or coins can be purchased at banks or even through several dealers and traders. The gold market is much bigger than the silver market and one must be ready for fluctuations in the silver market, due to the sudden changes in the demand and supply of the precious metal. This affects the price of silver per ounce and makes it volatile, according to industry demand.
Inflation is another factor that may contribute towards the rise in the price of silver today. But it may also be noted that some investors prefer to store gold rather than silver as a good protection for inflationary periods. However, a short term requires that the person can invest in silver, as the silver price today is surely bound to change after going through this temporary phase of inflation.
Silver is increasingly being considered for uses in solar panels, clothing and also for the medical field. This will result in an increase in the value. Once this happens, there will automatically be a rise in the price and the demand of the precious metal and you will see a rise in the price of silver per ounce.
Looking for a precious metals provider that sells silver, gold and platinum coins and bullion? Click here to visit our favorite provider (FREE SHIPPING!).
References
http://priceofsilver.org/
http://silvervalue.org/silver-exchange-traded-funds/
When the economy is going through a period of recession, many people would like to put their money away in the form of gold, silver and platinum, so that they can invest it. This investment takes the form of ETFs or just plain bullion. After knowing the current price of silver per ounce, people start investing in the precious metal.
People might buy silver bullion either for storing or just as an investment once they have noted the silver price today. There are bars and coins available for purchase, and people prefer these as they are less costly than gold bars and coins. The American Silver Eagle is quite popular among the silver coins in the US and is equal to one troy ounce. Take care that you do not purchase collectors’ coins when investing. The latter coins are more expensive, as they possess antique value and will have a higher markup price, which is more than the present silver price today.
The ETFs are a preferred choice for some silver investors, as you do not have to store bulky material in this case of buying virtual silver. Bullion or coins can be purchased at banks or even through several dealers and traders. The gold market is much bigger than the silver market and one must be ready for fluctuations in the silver market, due to the sudden changes in the demand and supply of the precious metal. This affects the price of silver per ounce and makes it volatile, according to industry demand.
Inflation is another factor that may contribute towards the rise in the price of silver today. But it may also be noted that some investors prefer to store gold rather than silver as a good protection for inflationary periods. However, a short term requires that the person can invest in silver, as the silver price today is surely bound to change after going through this temporary phase of inflation.
Silver is increasingly being considered for uses in solar panels, clothing and also for the medical field. This will result in an increase in the value. Once this happens, there will automatically be a rise in the price and the demand of the precious metal and you will see a rise in the price of silver per ounce.
Looking for a precious metals provider that sells silver, gold and platinum coins and bullion? Click here to visit our favorite provider (FREE SHIPPING!).
References
http://priceofsilver.org/
http://silvervalue.org/silver-exchange-traded-funds/
Expert views on platinum price
Click here to purchase silver, gold and platinum coins and bullion with FREE SHIPPING!
There can be upswings and downswings in the price of platinum due to market conditions. These involve production and the demand in the industry as well as the economic scenario. It is seen that experts are regularly analyzing the platinum trends in the market in order to predict the future prices for investors to make wise decisions in the purchase of this metal.
There is a general opinion among various experts that platinum poses a good investment choice, due to the price of platinum today being less than gold. It is also expected that the future will see a rise in the price of platinum, based on various causes. It has been noted by experts that the demand for platinum is gradually picking up but the supply of this metal in mines is not matching the rise in demand. The markets all over are showing signs of reviving and the use of platinum in auto catalysts are also seen to be increasing.
The price of platinum today is mainly driven by the demand that is increasing, due to the applications in auto catalysts. Apart from diesel auto catalysts, the chemical and glass manufacturing industries are also seeing a growing need for platinum. LED television is also another upcoming field in which the use of platinum is increasing sending the price of platinum higher. It is also expected that the use of platinum in fuel cells and also in shipping in the form of control of emissions is going to send the value still higher.
China is also contributing towards a greater rise in the value of platinum by the manufacture of diesel auto catalysts, as there is an increased demand for vehicles in China. When this fact is combined with the other fact of a reduced supply of platinum in the mines, it is to be concluded that a forecast regarding a hike in the price of platinum is to be expected. Platinum metal is very scarce and it also holds great industrial value, with very few inventories being seen on the surface of the earth.
A dynamic market can be seen in the case of demand and supply of platinum and this change in the market condition is being amply reflected in the movement of the price of platinum, which is being influenced by the changes in the conditions.
Looking for a precious metals provider that sells silver, gold and platinum coins and bullion? Click here to visit our favorite provider (FREE SHIPPING!).
References
http://www.precious-metal.net/palladium/disadvantages-of-palladium-investment/
There can be upswings and downswings in the price of platinum due to market conditions. These involve production and the demand in the industry as well as the economic scenario. It is seen that experts are regularly analyzing the platinum trends in the market in order to predict the future prices for investors to make wise decisions in the purchase of this metal.
There is a general opinion among various experts that platinum poses a good investment choice, due to the price of platinum today being less than gold. It is also expected that the future will see a rise in the price of platinum, based on various causes. It has been noted by experts that the demand for platinum is gradually picking up but the supply of this metal in mines is not matching the rise in demand. The markets all over are showing signs of reviving and the use of platinum in auto catalysts are also seen to be increasing.
The price of platinum today is mainly driven by the demand that is increasing, due to the applications in auto catalysts. Apart from diesel auto catalysts, the chemical and glass manufacturing industries are also seeing a growing need for platinum. LED television is also another upcoming field in which the use of platinum is increasing sending the price of platinum higher. It is also expected that the use of platinum in fuel cells and also in shipping in the form of control of emissions is going to send the value still higher.
China is also contributing towards a greater rise in the value of platinum by the manufacture of diesel auto catalysts, as there is an increased demand for vehicles in China. When this fact is combined with the other fact of a reduced supply of platinum in the mines, it is to be concluded that a forecast regarding a hike in the price of platinum is to be expected. Platinum metal is very scarce and it also holds great industrial value, with very few inventories being seen on the surface of the earth.
A dynamic market can be seen in the case of demand and supply of platinum and this change in the market condition is being amply reflected in the movement of the price of platinum, which is being influenced by the changes in the conditions.
Looking for a precious metals provider that sells silver, gold and platinum coins and bullion? Click here to visit our favorite provider (FREE SHIPPING!).
References
Purchasing silver - how to know the price
Click here to purchase silver, gold and platinum coins and bullion with FREE SHIPPING!
Silver bullion is often found in the form of silver coins and many people wish to invest in such coins. This is on account of its purity, which is guaranteed at about 99.9% and it weighs one ounce. Before purchasing the coins, one must check out the current price of silver.
Some of the popular forms of silver coins in America today are the American Silver Eagle, as well as the Canadian Silver Maple. The weight of these coins is one troy ounce or you can say the weight is about 31 grams. The popularity and recognition of these coins is widespread and so it is easy for investors to choose this option of buying silver coins, as buying and selling is facilitated.
There are several places where you can buy these silver coins, including online sites where there are several traders who quote the price for these coins. Go to the proper exchange site and note down the price of silver today before you start making any purchases of the coins from the authorized dealers that are mentioned on the websites. They will quote prices that are slightly different from the current price of silver in the exchange site. In case you are planning to buy silver, the prices are above the spot price of that day and vice versa in case of selling where the prices quoted are reduced from the current price of silver.
Storage of silver proves to be a problem in some cases, as it requires proper security measures. Hence, many people prefer to invest in such a way that they have virtual investments, where the company holds the silver safely for you, for which you may have to pay a premium above the current price of silver. There is no physical handling of the silver and you can get a profitable investment as well.
Buying silver coins from small dealers and pawn shops locally is also possible. Some of the coins sold in this fashion are called ‘proofs’ and are sealed in plastic. These are meant for collectors and they are in perfect condition. The price of the silver coins of such kind is naturally above the current price of silver. However, selling it might prove slightly more difficult.
Looking for a precious metals provider that sells silver, gold and platinum coins and bullion? Click here to visit our favorite provider (FREE SHIPPING!).
References
http://ounceofgold.net/ounce-of-gold-worth/
http://priceofplatinum.org/what-is-the-current-price-of-platinum/
Silver bullion is often found in the form of silver coins and many people wish to invest in such coins. This is on account of its purity, which is guaranteed at about 99.9% and it weighs one ounce. Before purchasing the coins, one must check out the current price of silver.
Some of the popular forms of silver coins in America today are the American Silver Eagle, as well as the Canadian Silver Maple. The weight of these coins is one troy ounce or you can say the weight is about 31 grams. The popularity and recognition of these coins is widespread and so it is easy for investors to choose this option of buying silver coins, as buying and selling is facilitated.
There are several places where you can buy these silver coins, including online sites where there are several traders who quote the price for these coins. Go to the proper exchange site and note down the price of silver today before you start making any purchases of the coins from the authorized dealers that are mentioned on the websites. They will quote prices that are slightly different from the current price of silver in the exchange site. In case you are planning to buy silver, the prices are above the spot price of that day and vice versa in case of selling where the prices quoted are reduced from the current price of silver.
Storage of silver proves to be a problem in some cases, as it requires proper security measures. Hence, many people prefer to invest in such a way that they have virtual investments, where the company holds the silver safely for you, for which you may have to pay a premium above the current price of silver. There is no physical handling of the silver and you can get a profitable investment as well.
Buying silver coins from small dealers and pawn shops locally is also possible. Some of the coins sold in this fashion are called ‘proofs’ and are sealed in plastic. These are meant for collectors and they are in perfect condition. The price of the silver coins of such kind is naturally above the current price of silver. However, selling it might prove slightly more difficult.
Looking for a precious metals provider that sells silver, gold and platinum coins and bullion? Click here to visit our favorite provider (FREE SHIPPING!).
References
http://ounceofgold.net/ounce-of-gold-worth/
http://priceofplatinum.org/what-is-the-current-price-of-platinum/
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