Fair Silver Bar



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State Fair Silver Art Bar Serial #6486 Hamilton Mint C8034L
State Fair Silver Art Bar Serial #6486 Hamilton Mint C8034L
US $97.88
.999 1 TROY OUNCE SILVER INGOT BAR CLEVELAND COUNTY FAIR SHELBY N.C. #86 OF 600
.999 1 TROY OUNCE SILVER INGOT BAR CLEVELAND COUNTY FAIR SHELBY N.C. #86 OF 600
US $44.50
LOS ANGELES LA COUNTY FAIR 1986 LIMITED EDITION 1 OUNCE .999+ SILVER BAR COIN
LOS ANGELES LA COUNTY FAIR 1986 LIMITED EDITION 1 OUNCE .999+ SILVER BAR COIN
US $33.00
LA County Fair, 1988, 1 Ounce, .999 Silver Art Bar
LA County Fair, 1988, 1 Ounce, .999 Silver Art Bar
US $55.00
CLEVELAND COUNTY FAIR 1993 COMMERCIAL SILVER BAR
CLEVELAND COUNTY FAIR 1993 COMMERCIAL SILVER BAR
US $94.48
STATE FAIR GOLD PLATED SILVER ART BAR T8080
STATE FAIR GOLD PLATED SILVER ART BAR T8080
US $89.77
LA COUNTY FAIR 1979 PIG AGSC-1  999 SILVER BAR RARE
LA COUNTY FAIR 1979 PIG AGSC-1 999 SILVER BAR RARE
US $69.95
STATE FAIR - HAMILTON MINT AMERICA THE BEAUTIFUL - ONE oz 999 SILVER ART BAR
STATE FAIR - HAMILTON MINT AMERICA THE BEAUTIFUL - ONE oz 999 SILVER ART BAR
US $41.50
Fine China The 12 fair Girl Silver bar Set&The Dream of Red Chamber
Fine China The 12 fair Girl Silver bar Set&The Dream of Red Chamber
US $118.00
STATE FAIR SILVER ART BAR HAMILTON MINT A7565
STATE FAIR SILVER ART BAR HAMILTON MINT A7565
US $97.88

Fair Silver Bar

Chinese silver bars available - Sweeeeet!!!

Gold And Silver Bar Demand To stay Strong

Speculative demand for silver saw the value rise by an extraordinary 80% in the three months before end April, when silver hit a high of USD49.80 in New York. With gold hitting new highs fairly often, silver in the $25 - $30 range had strong interest speculators when compared to its $50 high back in 1982. So silver took on the role of "Poor Man's Gold" and was hit by a wave of speculative momentum that took it almost without pause to within a whisker of its all-time high.

But just less than the magical $50 level, markets were hit with a mixture of factors that caused the silver price to retrace by 30%: an increase in the Chinese inflation rate cast doubt over ongoing interest in commodities, commodity funds exiting silver as it reached their target level, and futures exchanges increased their margin requirements on certain commodities including oil and silver. The silver price, which had seemingly risen as if on an escalator, dropped via a lift. In a telling statistic, the major silver Exchange Traded Funds (the favoured media for speculative traders) reported redemptions totalling 1,040 tonnes in the first week of May, an amount equivalent to about 40% of the funds' silver inflow throughout the whole of 2010.

Significant physical demand for silver bars has been experienced, with the 10 ounce, 20 ounce, kilo and 100 ounce bars proving the most popular. However, this recent surge in demand has exceeded our capacity to produce them. In response, additional silver refining and barring equipment is being installed at the refinery which is intended to increase capacity to double the current level. It is expected that this new equipment will be commissioned and operating at full capacity in early July.

Gold bar demand continues at a high level, prompted by continuing concerns over the US economy and persisting sovereign debt crises in Europe. Over the past six months, China's presence as a gold buyer has become ever more apparent, and unlike India, whose legendary demand is driven by perceptions of good value (and therefore price inelastic), China's demand appears strong notwithstanding the current price. The refinery meets this demand by producing on average six tonnes of kilo bars per week which are readily snapped up by eager buyers.

Despite the recent downturn in prices, physical bar demand for gold and silver remains at very high levels and looks like remaining so for the foreseeable future.

About the Author

The Perth Mint is solely entrusted by the Australian Government to produce the nation's official bullion coins, including these 99.9% pure silver coins portraying iconic kookaburra and koala wildlife

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