The Price of Silver, the Value of Your Jewelry
Last year at this time, the price of silver was approximately $16 an ounce. A ring you bought last year for $30, is now worth $60.
Silver turned from a precious metal into an industrial metal, used to produce electronics. They started using silver in keyboards, computer parts and mobile phones. This huge demand is the main reason for the rise in price.
At the same time, there has been a big decrease in the production of silver, as it is a depletable metal. Experts predict the current price of silver will continue to rise, as there’s only a limited amount of silver in this world.
We predict that silver will rise to $50 per ounce, this year. Silver jewelry has officially joined its rank among precious jewelry with gold, diamonds, and precious gemstones. It has become a “wearable investment” – and there is NO coming down for its prices.
It is an established fact that the value of silver will keep increasing over time.
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from 925SILVER4U Newsletter
February 24, 2011
Bracelet by Rebecca Jaynes, Connect to Heaven.etsy.com
