Your .925 Sterling Silver Jewelry Store

Current Silver Market Price

Spring 2010

For the last ten years the surge in popularity of white precious metals was simply a color preference. Today we also see affordability spurring this trend. It just makes total sense to purchase a gift made of precious metal (Silver) in this economy.

At this writing, April 2010, Silver is hovering around $18.00 dollars an ounce. That's about $5.00 to $6.00 or 34% above the same time last year. The dollar is getting weaker and not a real confidence builder of a currency considering our rate of spending. Inflation seems to be on the way in and making precious metals a more attractive investment. This could be quite a ride.

Most often a shortage of a particular commodity will cause a similar rapid price increase. This is not the case as it relates to silver. The world's two largest industrial users of silver, Kodak and Fuji, have dropped to a trickle of their former usage since the advent of digital photography. Although many potentially huge new markets for silver are being developed, primarily in the medical field, we do have plenty of silver available.

8 hour (New York) $US Dollar price per ounce.

Why not have some fun and click on the historic charts and pat yourself on the back for the really super buys you made in silver jewelry last few years.

Written by and Copyright © Doug Clemens www.sausalitosilver.com

About The Author:
Doug has been involved with almost every facet of the Sterling Silver Jewelry industry since 1974. His experience includes manufacturing, importing and distribution. Also a key silver jewelry and fashion watch resource for major department stores and independents. In addition, an owner/operator of silver jewelry retail outlets

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