Investing Silver in Digital - Silver ETF - first time in India - Indian Penny Stocks
Автор: Indian Penny Stocks
Загружено: 2022-03-29
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Investing Silver in Digital - Silver ETF - first time in India - Indian Penny Stocks. SILVER – 5000Yrs old
Can you believe?
Upto 15th Century Silver was expensive than Gold,
Do you know - Supply of native silver is lesser than Gold in earth.
Discovery of Cupellation, method of extracting Silver from its Ores made more availability
Made the Gold more precious
A soft lustrous transition metal,
Metal with the highest electric conductivity, thermal conductivity and reflectivity,
Best alloy with Gold and other metals as well,
A Precious metal used in many Bullion Coins,
It’s very lesser than Gold as Native Metal
One of the Seven Metals of Antiquity,
21st Century opens up much industrial use
5G Technology, Solar Panels, Water filterations, Jewellery, Luxury Table Ware and Utensils
Electrical Contacts, Specialized food coloring, Medical and Electronic Devices
Most awaited product in Commodity market
ICICI Prudential Silver ETF (NSE: ICICISILVE ) Rs.69.45
First Silver ETF in India launched on 31st January 2022,
Bulky, storage, Security and Purity,
Increasing usage,
Additional investment method to store of wealth
Mobile technology
Benefit of international market price change
Benefit of high volatility than Gold
First financial instrument of Silver in India
Same as stock buying – Real time buying and selling – in NSE and BSE
One unit is of 1/1000 price per KG
Once you have 30,000 Units you can get physical delivery also.
But to avoid tax and other legal issues, better to trade as ETF.
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