Price of Silver in 2019 In the first quarter of 2019, silver values plunged to their lowest level in over ten years. This sparked a buying frenzy in all the major markets. In turn, the increased demand led to prices increasing again, particularly as global financial markets stabilized in the second half of the year. Using the charts below, you can see the Silver Prices for 2019 and the fluctuation of spot prices during the year. Silver Prices 2019 Chart What Impacted Silver Prices in 2019? Uncertainty: When there are problems in the world, the price of silver increases and in 2019, the president of the United States Donald Trump worried the world with volatile relationships and trade wars with China and the Middle East. Interest rates: When rates are high, silver doesn’t fare so well – and vice versa. Rates were lowered in 2019, which positively impacted on the value of silver. Changes in gold: The price of gold can cause silver prices to go up, and this can happen fast. If gold prices increase significantly, silver isn’t usually far behind. Daily Silver Prices (Chart) To find the daily prices for Silver in this year, use the date filters in the chart above. The information provided here is for educational purposes only and should not be used for speculation and investment purposes. CanAm does not guarantee that the prices shown here are correct, up-to-date, or complete, and we are not responsible for inaccuracies or omissions in this price data. What Makes Silver a Good Investment? One thing that makes silver a good investment is that it can be used for many things – from bullion and coins to jewelry and solar. Every year, more than 36 million ounces of silver are used in vehicle manufacture, and in 2019, photovoltaics used about 98.7 million ounces of silver – equating to around 10% of the market demand. Silver is also a very common part of electronics and is used for soldering and other industrial tasks. As long as this high demand for silver remains, it is considered a good investment. Buy Silver Online with CanAm Physical silver is becoming an increasingly attractive option for precious metal investors and at CanAm, we can assist you in diversifying your assets by adding pure silver bars or silver bullion to your gold holdings. We provide you with honest and reasonable pricing, and our in-house customer care team will work promptly, courteously, and competently to ensure your satisfaction. If you have any questions or concerns, get in touch with our team today and we’ll be happy to help. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Price of Silver in 2001 READ MORE Price of Silver in 2017 READ MORE Price of Silver in 2000 READ MORE Price of Silver in 2014 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment