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- SilverBling Collection Admin
Here are the World Market Silver pricing trends so far over the past several years:
- In April of 2007, the current spot of silver was hovering around $13.80 troy oz.
- Since then, silver has continued to go up with no signs of it going down in the near future. Silver is taking its' place as an " even more precious metal."
- In the past 5 years, Silver prices have increased nearly 360%
- In January 2010, Silver prices were just under $19.00 troy oz.
- In March 2011, Silver prices set a record high at over $36.00 troy oz.
- Analysts predict Silver prices will continue to rise in 2011, but may stabilize by year-end.
- You can monitor daily Silver prices yourself ( if you'd like ) at kitcosilver.com
As old inventories are depleted and retailers/sellers need to re-stock, .925 Sterling Silver Jewelry will cost more because the new stock will be purchased at current Silver prices.
Even so, Sterling Silver Jewelry will remain a great " value " when purchasing Fine Jewelry. It will be... and still is.... much more affordable than GOLD Jewelry.
This Forever Popular White Hot Metal will continue to be in the forefront when purchasing your fine jewelry items.
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