Why Invest In Silver?
Many Invest In 1 oz Silver Bars Because The Demand For Silver May Increase As New Uses Are Discovered. Others invest because Silver is a precious metal, and like gold, it has an intrinsic value. Silver is widely perceived to be both a commodity and a form of money, and it has been used as a medium of exchange for thousands of years due to its inherent value.
From 1 oz Silver bars to photovoltaic cells, the uses for Silver continue to grow as scientists around the globe take advantage of the Precious Metal. While you buy Silver bars for investing, many companies buy Silver for industrial and technological uses, ranging from electronic components to Silver-embedded medical equipment.
The buying of Silver for these types of applications accounts for more than 50 percent of the total demand for physical Silver. As the market for Silver expands, many believe the Silver price per ounce will rise and help bolster investments.