PRECIOUS METALS • COMMODITIES
Silver Futures.
Trade the metal that powers industry.
Silver combines the characteristics of a precious metal with the industrial demand of a global resource. Learn how silver prices move, what drives the market and how traders can gain exposure to silver through CFDs.
Trading Symbol
Silver / YI
Market Type
Precious & Industrial Metal
Trading Hours
Up to 23 hours per day
Trading Method
CFD Trading
Silver Trading
Silver is one of the world's most versatile commodities. While it is widely regarded as a precious metal alongside gold, silver also plays a major role in global industry.
Silver is less rare than gold but remains a high-demand commodity traded by investors and traders around the world. Its unique characteristics mean that it plays a double role in the commodities market: it can act as a hard asset and store of value while also being an important industrial resource.
Silver trading allows traders to speculate on the price of the metal without physically owning or storing it. Through CFD trading, traders can take positions on both rising and falling silver prices.
Why Trade Silver?
01
Precious Metal Exposure
Silver provides exposure to one of the world's most widely traded precious metals and can form part of a diversified trading strategy.
02
Industrial Demand
Silver is used across numerous industries, meaning economic growth and industrial demand can have a significant effect on its price.
03
Trade Rising or Falling Markets
CFDs allow traders to speculate on both upward and downward price movements without taking ownership of the physical metal.
The Silver Market
Silver is traded across major global financial markets, including the New York Mercantile Exchange, the London Metal Exchange and the Chicago Board of Trade.
Silver trading can take place across international market sessions, providing traders with access to a highly liquid global commodity market.
Trading hours:
Silver markets may be available for up to 23 hours per day, with specific trading times depending on the exchange, instrument and market conditions.
What Affects the Price of Silver?
Silver prices are influenced by a combination of supply, demand, economic growth, industrial activity, currency movements and investor sentiment.
1
Mining Supply
Silver must be mined from the earth. Changes in production, mining conditions and supply can affect the amount of silver available to the global market.
2
Industrial Demand
Silver's conductivity, malleability and physical properties make it valuable across a wide range of industrial applications.
3
Economic Growth
Strong economic growth can increase industrial demand for silver, while economic slowdowns may reduce demand from manufacturing industries.
4
Gold Prices
Silver often trades in close relationship with gold. Traders frequently monitor the gold-silver relationship when analysing precious metals.
5
Currency Movements
As with many commodities, movements in the US dollar can influence the international price of silver.
6
Investor Sentiment
Market uncertainty and changing investor sentiment can influence demand for precious metals as traders seek diversification or defensive assets.
Silver CFD Trading
With CFD trading, you speculate on the price movements of silver without physically buying or storing the metal.
Instead of taking ownership of silver, the profit or loss on a CFD is determined by the difference between the opening and closing price of the trade.
CFDs can provide flexibility because traders may be able to take long positions when they expect silver prices to rise or short positions when they expect prices to fall.
Important:
CFDs are leveraged products. Leverage can magnify both potential gains and potential losses. You should understand the risks involved before trading.
Popular Silver Trading Strategies
01
Trend Trading
Traders may attempt to identify sustained upward or downward movements in silver and use technical analysis to find potential entry and exit points.
02
Gold-Silver Ratio
The gold-silver ratio compares the amount of silver required to buy one ounce of gold. Some traders use movements in the ratio as part of a relative-value strategy.
03
Breakout Trading
Breakout traders look for silver prices to move beyond established support or resistance levels, potentially signalling a new market trend.
Silver Trading FAQs
Is silver worth trading?
Silver is one of the most actively traded precious metals and combines precious-metal characteristics with significant industrial demand. Its price can be volatile, which may create opportunities but also increases risk.
Is silver more volatile than gold?
Silver can often experience larger percentage price movements than gold. This is partly because the silver market is smaller and is influenced by both investment demand and industrial demand.
What is the best strategy for trading silver?
There is no single strategy that is suitable for every trader. Popular approaches include trend trading, breakout strategies, technical analysis and monitoring the gold-silver ratio.
Can I trade silver without owning physical silver?
Yes. CFD trading allows you to speculate on silver price movements without taking ownership of the physical metal.
Trade Silver. Follow the market.
Explore silver markets and gain exposure to one of the world's most important precious and industrial metals.
