Interlinked with inflation is the relationship that silver has with the US dollar. Over a 25-year period when the dollar increases in value, silver prices generally decline and vice versa. Statistically, you might consider silver and the US dollar negatively correlated. Because silver is priced in US dollars, as the value of the dollar falls, the value of silver climbs for investors who have a base currency that is not USD.
Silver market trading hours
Furthermore, silver markets do tend to stick to a handful of driving factors, and learning these can greatly simplify the process and increase the odds of success for trading it. If you want to diversify your portfolio, engaging in silver trading through the CFD market can be a fantastic option. Investing in silver is an effective way to speculate on interest rates, as silver is highly responsive to that market. Additionally, it is a precious and industrial metal, making it highly sensitive to global demand. Gaining expertise in silver trading can significantly broaden your portfolio and introduce a new source of potential profits to your trading.