How to buy silver

A guide to investing in silver sources, from shares to CFDs

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Silver has been a valuable commodity for hundreds of years, and while its purposes have changed throughout history it has never lost its place on the market. In part due to its inherent malleability, silver has managed to adapt to the changing times, keeping its value high even today.

This page discusses different ways to invest in silver and the risks that you may face.

CFD platforms for trading silver

Data indicated here is updated regularly
Name Product Minimum Opening Deposit Minimum Opening Deposit Commission Available Markets Platforms
IG Markets CFDs
AUD 0
0
0.08% with $7 minimum
Indices, Options, FX, Shares, Commodities, Cryptocurrency, ETPs
MetaTrader 4
ProReal Time
CFDs are complex financial products and traders are at high-risk of losing all of or more than their initial investment. Trade from over 15,000 markets with a leading service for CFD trading and forex.
Plus500 CFD
NZ 100
100
No commission
Global shares, indices, options, ETFs
Plus500 Web Trader
CFDs are complex financial products and traders are at high-risk of losing all of or more than their initial investment.Trade CFDs on shares, forex, indices, commodities and more.
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Ways to invest in silver

1. Silver ETFs

Rather than trusting your money to the stocks of one or two companies, ETFs offer the chance to invest in a basket of assets. You can learn more about ETFs with our guide.

Compared to other popular investment methods ETFs are simpler and more accessible. ETFs can be bought and sold in a similar way to stocks but remain less vulnerable to market fluctuations due to the diverse range of assets that form them.

ETFs are perhaps the best choice for newcomers looking to start investing; there are a number of ETFs to choose from representing a scope of different companies.

Pros

  • ETFs are one of the most reliable options for investors. While they still come with risks, they are much more resilient to market conditions.
  • Gain far-reaching access to silver assets at reasonable prices.
Cons

  • Because ETFs are made up of a collection of assets you lose some of the control you might have had over an investment in a single stock.

2. Purchase silver futures

By investing in futures, you are agreeing to buy stocks in a commodity at a set price, which you then receive some time in the future. The idea is that you end up buying stocks at a lower price than they would otherwise be, but this is heavily dependent on market movements.

Being so vulnerable to market volatility makes futures risky. With some luck and a good knowledge of the market, futures can bring you large returns, but on the other hand, you may make a loss. If you’re new to investing you might want to learn the ropes first before considering futures.

Pros

  • Under the right conditions futures can yield solid rewards for their investors.
  • Futures give you straight ownership over your stocks.
Cons

  • Futures are a real gamble and if you make the wrong choices you could potentially lose a lot of money.
  • Futures only last for a set period of time, if you fail to use them within this period they expire.

3. Purchase silver stocks and shares

Investing in stocks is a well-known method for approaching the market.

Silver has a number of uses which make it a desirable asset in many modern industries. Its popularity makes it an easy commodity to invest in, with many companies offering their stock and a number of brokers and advisors willing to sell them.

Pros

  • A large variety of stock to invest in.
  • Control over your investment.
  • Leave the market when you want.
  • Tried and trusted way of entering the investment world.
Cons

  • While safer than futures, stocks are still vulnerable to market fluctuations. Valuable metals can be especially volatile, and prices may vary wildly for no real reason.

Trade in silver stocks

Data indicated here is updated regularly
Name Product Monthly fee Currency conversion fee Available markets
Stake
$0
1% ($2 min)
NASDAQ
NYSE
BATS
Chicago Stock Exchange
And more
Sign up through Finder and use referral code "FINDERNZ" for a free stock. Trade 3,500 US listed stocks and ETFs through Stake with $0 brokerage.
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4. Buy silver coins and bullion

Rather than investing in silver stocks, you may decide to invest in physical silver. Ranging from an ounce to five or more kilograms, you can choose to buy coins or bullion to sell on your own terms.

While you have full control over the asset, buying physical silver is a longer-term investment. Depending on the amount you buy you could be waiting for some time to sell it. Like other investments, physical silver prices are still influenced by the market.

Pros

  • Direct control over your asset.
  • Finally selling your assets can bring great returns.
  • Silver looks pretty in a pile on your floor.
Cons

  • It can take a long time to find a buyer for your assets.
  • Buying physical silver makes you vulnerable to fraud.

How much is silver worth now?

Is silver a safe investment?

As mentioned above, silver is a staple material for many modern industries and there are a number of routes available for investing in it. However, regardless of which way you approach it, your investment inevitably comes with risks:

  • Fluctuating prices: Valuable metals have a tendency to fluctuate in price over small periods of time, sometimes with no real cause.
  • Storage: Finding somewhere to store physical silver can be a hassle, and storing it with a broker will come with a fee.
  • Fraud: While it is tempting to look for the best prices, if it is too good to be true, it probably is. When buying physical silver, trade with reputable dealers to avoid being fleeced.
  • Political and environmental events: Political and environmental issues can make the mining, refining and trading process more expensive for companies, causing price fluctuations.

    Frequently asked questions

    Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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