Silver Earrings

Silver Earrings
Chandelier Earrings

Friday, February 25, 2011

Why is Silver So Valuable?


You may have heard on the news or read in the paper that Silver is trading at a 30 year high. This may be due to several factors including the political unrest in the Middle East. Other factors may be the historical trends of silver prices, silver mines with low production or the use of silver has increased.

Silver is continuing to rally and added 56 cents to $32.86 an ounce, setting another 30-year record. In "unofficial" trading, silver hit a high of $34.33 an ounce on Monday 2-21-2011. This number is up 11% for the year.

Now is the time to buy sterling silver jewelry and pure .925 silver jewelry. Online jewelry stores like, Zulumoon.com and other sites have seen a "pop" in sales due to the jump in value.

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