Sell 22.240
Spread Spread0.031
Buy 22.271

Trade Silver Spot - Silver price chart

Sell 22.240
Spread Spread0.031
Buy 22.271


What is silver?

Silver refers to a precious metal and element on the periodic table. Commonly used in the production of jewelry, coins, electronics, and photography, it has numerous industrial and creative applications and is a valuable metal.  Like silver and other natural resources, silver is classed as a commodity; or a publicly traded, tangible asset. Tangible assets' prices generally move in the opposite direction from stocks and bonds, so many investors will turn towards commodities when the stock market has a poor outlook or the economy is facing recession or political tensions. 

Silver can also act as an inflation hedge because it is a physical asset with intrinsic worth, unlike currencies. Silver holds its value in the long term, and remains stable well when interest rates are low, or when fixed-income investments aren't performing well. In these ways, silver functions like silver as an investment, serving a safe haven role in an investors portfolio. However, silver is an industrial metal as well as an investment metal, which can significantly affect its price performance. 

Silver price movements in the past

The price chart shows that silver reached closing highs of $29.771 on the 6th Aug 2020, with lows of $12.101 on 19th Mar 2020. The general consensus among market watchers, researchers, investors and precious metals experts is that the long-term forecast for silver is positive. Therefore silver is an attractive alternative investment that remains a relatively safe option in an extremely volatile market.

How to invest in silver

There are multiple ways to invest in silver. You can buy physical silver in the form of bullion (bars), jewellery or coins. The disadvantages of this method are that you must store the silver and ensure its security, typically by storing it in a bank which costs money.

You can also purchase mutual or exchange traded funds (EFT). These funds are linked to the price of silver and the administrator of the fund holds the silver on your behalf, and are more liquid than owning the physical silver outright. You can also purchase silver certificates; which represent a certain percentage ownership of a company involved in silver trading or a certain amount of silver itself. You can invest in silver indirectly by purchasing shares in silver mining or royalty and streaming company. These companies benefit from increases in price and are subject to the same risks and volatility as other stocks. 

An alternative instrument is the tokenised commodities option offered on the leveraged trading platform. The value of tokenised assets are linked to the value of an underlying asset or commodity, and any change to asset's price is reflected in the value of the tokenised asset. Tokenised assets are based on blockchain technology, which is rooted in distributed ledger technology, enabling easier data storage and record keeping. The tokenisation of real tradable assets increases the efficiency of trading by lowering transaction costs and improving execution speed, and the price can be monitored on the silver spot price chart.

Tokenised silver spot price trading guide

Trading tokenised silver is easy and, in many ways, the process is similar to trading other types of securities. There are a few basic steps:

Step 1: visit the trading platform and open an account by completing the two-factor authentication security process.

Step 2: choose how much you want to deposit into your account. It is possible to trade with either crypto or with fiat currency.

Step 3: calculate the value of the position you want to open, or you can calculate the size of the position based on your available capital and the percentage margin. For example, a position of $10,000 would require that you have $50 of available capital when you trade tokenised silver 1 : 200 (0.5%).

Step 4: positions are opened using the same approach in place at other investment platforms - i.e. taking a long position if a silver price increase is anticipated, or shorting if there is an expected decline in the silver price value. The handy silver price chart could be used to monitor price movement.

Step 5: links the open the trading positions between its clients and all unpaired buy or sell orders that are hedged with, LMAX Digital or, if needed, with Binance, Bitstamp, Kraken, NASDAQ, NYSE and Gain Capital.

Step 6: you may also consider placing a take profits order or initiate a stop loss order.

Trade tokenised silver with

Silver trading at tokenised assets exchange has a number of advantages. Tokenised assets are underpinned by robust and immutable blockchain technology. Opening a trade will give you a token that tracks and moves according to the underlying instrument's price.

Tight spreads

Trade tokenised silver spot price with a tight market spread, and benefit from maker rebates and competitive taker fees.

Effective risk management

Manage your risks and secure your profits with stop loss and take profit orders and mitigate any losses with negative balance protection.

Instant order execution has a scalable and low latency order management system, which can execute 50 million trades per second. It is a high-growth, crypto platform seamlessly linking the booming world of cryptocurrencies with the world of traditional financial assets. Powered by simple, slick and intuitive technology, the platform is designed to enable investors to securely buy, trade and invest in popular cryptocurrencies using both crypto and fiat currencies.

Safe regulation

Depending on the regulatory perimeters in different countries offers different products around digital assets. To help investors trade with confidence, the platform is fitted with robust risk management controls, transparent pricing and extensive financial education content.

Dzengi Com US LLC is registered with the Financial Crimes Enforcement Network as a Money Services Business. Its parent entity, Dzengi Com Limited is licensed by the Gibraltar Financial Services Commission as a Distributed Ledger Technology (DLT) Provider. The company has offices located in the US, Belarus, Gibraltar and Ukraine.

Manage your risks and secure your profits with stop loss and take profit orders. Save your assets with negative balance protection.

  • Instant order execution

We have a scalable and low latency order management system, which can execute 50 million trades per second.

  • Safe regulation operates under new Belarusian regulation with best-in-class AML and KYC laws. Regulatory details and fees are upfront.

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Silver price history

Date Close Change Change(%) Open High Low
Nov 10, 2023 22.703 0.085 0.38% 22.618 22.727 22.597
Nov 9, 2023 22.619 0.086 0.38% 22.533 22.980 22.349
Nov 8, 2023 22.534 -0.077 -0.34% 22.611 22.832 22.286
Nov 7, 2023 22.610 -0.329 -1.43% 22.939 22.966 22.416
Nov 6, 2023 22.939 -0.183 -0.79% 23.122 23.243 22.922
Nov 5, 2023 23.120 -0.031 -0.13% 23.151 23.161 23.108
Nov 3, 2023 23.200 0.501 2.21% 22.699 23.291 22.566
Nov 2, 2023 22.700 -0.336 -1.46% 23.036 23.111 22.642
Nov 1, 2023 23.035 0.210 0.92% 22.825 23.041 22.529
Oct 31, 2023 22.824 -0.442 -1.90% 23.266 23.303 22.722
Oct 30, 2023 23.267 0.224 0.97% 23.043 23.592 23.028
Oct 29, 2023 23.043 -0.027 -0.12% 23.070 23.145 23.008
Oct 27, 2023 23.099 0.273 1.20% 22.826 23.111 22.646
Oct 26, 2023 22.828 -0.002 -0.01% 22.830 23.126 22.430
Oct 25, 2023 22.830 -0.102 -0.44% 22.932 23.008 22.541
Oct 24, 2023 22.933 -0.019 -0.08% 22.952 23.194 22.647
Oct 23, 2023 22.956 -0.170 -0.74% 23.126 23.320 22.903
Oct 22, 2023 23.125 0.033 0.14% 23.092 23.253 23.092
Oct 20, 2023 23.360 0.313 1.36% 23.047 23.687 22.863
Oct 19, 2023 23.048 0.169 0.74% 22.879 23.099 22.628