Skip to main content
  1. Life
  2. Home & Living
  3. Hobbies

Silver price dips below $19 per Troy ounce

See also

Regular readers know that we don't deal in commodity, or "raw", silver. However, the commodity silver market impacts our business.

It would be nice if used, or "estate", sterling flatware sold for a value based upon its beauty and usefulness without regard for the world silver market. Unfortunately, that's not the case. Although sterling flatware may sell for a price higher than the value of its silver content, the truth is that the price rises and falls in many cases with fluctuations in the world price of silver.

Yesterday, the world price dropped briefly below $19.00 per Troy ounce. At this writing, it is $19.08 per Troy ounce. This continues a trend started a few weeks ago. At first, silver looked headed for a recovery but, like its cousin gold, that recovery fizzled and both are headed downward again. I believe the doldrums will continue until inflation starts to rear its ugly head again. Or until some major event like a war disrupts markets.

So, if you're looking to add to your collection of sterling pieces, now might be the time.

Advertisement

Life

  • Dead babies found
    Seven dead babies were found in Utah resident Megan Huntsman's old home
    Video
    Shocking Discovery
  • Kendall Jenner
    Get the Coachella looks: Kendall Jenner’s nose ring, green hair and edgy nails
    Camera
    Coachella Look
  • Dog's Easter basket
    How to fill your dog’s Easter basket with the perfect toys
    Easter Basket
  • Rabbit owners
    Bringing home the bunny: Important information for rabbit owners
    Camera
    7 Photos
  • Haunted island
    The world’s most haunted island may soon be the most haunted luxury resort
    Haunted Resort
  • Sunken ferry
    Search continues for missing passengers after a ferry sinks off the South Korean coast
    Video
    Sunken Ferry

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about Examiner.com and apply today!