Trade Silver - XAG CFD
$53.926
-1.89% (-1.04)
XAG Price Chart
Chart data is currently unavailable.
*Past performance is not an indication of future results
High: 54.344
Low: 52.529
Trader sentiment:
Sellers: 4.0%
Buyers: 96.0%
Market trading hours
Open now
Sun 22:05 - Fri 20:59 · Break 21:00 - 22:00
What is Silver?
Silver is a precious and industrial metal traded globally as a commodity, valued as a safe-haven asset and as a key input for electronics, solar panels, and jewellery. Its price is shaped by layered forces: broad drivers such as US Federal Reserve rate decisions, inflation data, and US Dollar strength set the trend, while industrial demand from solar energy and semiconductor manufacturing (with chipmakers such as STMicroelectronics among the buyers of silver-based components) and mine supply add pressure. Sentiment toward related metals such as Platinum, plus ETF flows, can move prices day to day. Traders follow silver for three reasons: higher volatility relative to gold, its dual role as an industrial and monetary metal, and the diversification it can add. In January 1980, speculative buying tied to the Hunt brothers pushed silver to a then-record near $50 an ounce before a rapid collapse days later, a high not decisively cleared again until the mid-2020s.
Trading Conditions
- Minimal Spread
- 0.09
- Typical Spread
- 0.1154
- Overnight funding swap buy
- -0.01525%
- Minimum trade size / value
- 13 Units
- Commission
- 0%
- Max Leverage (1/margin%)
- 1:200
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Frequently asked questions
What are silver trading hours?
Silver trades almost around the clock on weekdays, tracking global metals and futures markets with only brief daily pauses. Liquidity is generally highest when major trading sessions overlap.
Is silver volatile?
Yes, silver is typically more volatile than gold on a percentage basis. Its price can move sharply on macroeconomic news, industrial demand shifts, and changes in investor sentiment.
What advantages does iFOREX offer for silver trading?
iFOREX offers real-time pricing, a range of order types, and access to silver alongside other commodities and asset classes from a single account.
What is silver?
Silver is a precious and industrial metal traded as a global commodity. It is used in jewellery, electronics, and solar-panel manufacturing, and is also held by some investors as a store of value.
How do you trade silver?
Silver is typically traded via CFDs, futures, or ETFs that track its spot price rather than through physical delivery. CFD trading allows exposure to price movements in either direction without owning the metal itself.
What is the best time to trade silver?
The best time to trade silver is usually when major markets overlap, such as the London and New York sessions, when liquidity and price activity tend to be highest.
How does industrial demand affect silver prices?
Industrial demand from sectors such as solar energy, electronics, and semiconductor manufacturing is a major driver of silver consumption, and shifts in this demand can significantly influence price trends.
How does the US Dollar affect silver prices?
Silver typically moves inversely to the US Dollar, since silver is priced in dollars globally. A weaker dollar tends to make silver cheaper for holders of other currencies, often supporting demand.
What is the gold-silver ratio?
The gold-silver ratio measures how many ounces of silver it takes to buy one ounce of gold. Traders watch this ratio to gauge silver’s relative value and positioning compared with gold.
How does silver perform during periods of high inflation?
Silver is often bought as an inflation hedge alongside gold, since investors look to precious metals to preserve purchasing power when currency values are under pressure.
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