Press Release
Silver Prices Surging How Market Conditions Are Affecting The Price Of Silver
–News Direct–
By Anthony Termini, Benzinga
Precious metal prices are significantly influenced by investor sentiment, much like stocks and bonds. This can lead to routine price fluctuations, sometimes large and erratic, where the volatility can create both challenges and opportunities for investors.
A comparison of price movements in gold (represented by the SPDR Gold Shares ETF (NYSE: GLD)) and silver (represented by the Silver Benchmark Index (CME: SGICSIB)) since last May reveals two key insights.
First, gold and silver prices are closely correlated. Second, silver prices exhibit greater volatility than gold prices, with more pronounced price swings in both directions. While daily price swings can be unnerving for investors, they can also create trading opportunities, offering the potential for higher returns for investors that are aware of the volatility.
A Hedge Against Uncertainty And Inflation
Precious metals have long been viewed as a hedge against inflation and used to preserve wealth during times of economic or geopolitical instability. History has demonstrated the correlation, with gold and silver prices often surging in response to crises and turmoil. The price of gold doubled in less than five years from $272/oz in August 2001 to $549/oz in January 2006 following the September 11th terrorist attacks. Similarly, gold rallied during and after the 2008 global financial crisis, and most recently, the Israel-Hamas war has exacerbated geopolitical tension, further driving up demand for the yellow metal.
Silver has also historically offered advantages even during economic uncertainties. According to the Silver Institute, when markets go into risk off mode (i.e., decline), silver is seen as a relatively safe and inexpensive investment that has typically delivered positive returns. Yet under normal circumstances of economic expansion, silver exhibits a positive correlation with stock market performance as reflected in its relationship with indices such as the S&P500. This demonstrates the metals dual nature, as industrial consumption accounts for more than half of the silver demand, according to the World Silver Survey 2023.
Surging Industrial Demand for Silver
The transition towards a more sustainable future and the growth of clean energy technologies have positioned silver as a critical component in numerous industries. Sectors such as electric vehicles, green energy infrastructure, and consumer electronics, all rely heavily on silver for its unique properties and applications.
The increasing adoption of electric vehicles and the expansion of charging infrastructure will further drive the demand for silver, as it plays a crucial role in the manufacturing of batteries and electrical components.
Furthermore, photovoltaic cells, used in solar panels, require significant amounts of silver for their efficient operation. Additionally, silver's exceptional electrical conductivity and durability make it an essential material in the production of wind turbines and other renewable energy systems.
The continued growth of these industries could boost demand and support higher silver prices. This positions silver as an attractive investment opportunity, especially given its historical performance as a hedge against inflation and economic uncertainties
While the demand for silver is expected to surge, the supply side may struggle to keep pace. According to Sprott, a global investment manager specializing in precious metals, supply will not keep up with growing demand as we do not see enough projects in development to generate the kind of production levels in question.
Investors looking to capitalize on that potential upside in silver prices may want to consider mining companies that offer significant silver exposure. These companies, which are directly involved in the exploration, extraction, and production of silver, can provide a direct avenue for investors to gain exposure to the underlying commodity.
What Are Some Investment Plays In Silver?Silvercorp Metals Inc. (AMEX: SVM)
Vancouver, Canada-based Silvercorp Metals Inc. (AMEX: SVM) is a silver producer with an 18-year track record of profitable operations and consistent growth. In its most recent quarter, silver accounted for 59% of total revenue one of the highest among its peer group of silver miners.
In fiscal year 2023, Silvercorp produced 6.6 million ounces of silver at an all-in sustaining (AISC) cost of $9.73/oz, net of by-products. This low production cost translates into industry-leading profit margins, enabling the company to build a strong balance sheet with approximately $198 million in cash (and no debt) without external financing. While Silvercorp's single-jurisdictional focus has led to undervaluation in the current market, the company is exploring strategic acquisitions to broaden its scope and address this perception.
In April, Silvercorp announced a friendly deal to acquire Adventus Mining Corp. (OTC: ADVZF) in an all-stock transaction worth around $146 million. Adventus flagship asset is the permitted, high-grade El Domo copper-gold project in Ecuador. This acquisition offers a potential for re-rating, driven by increased scale, a significantly enhanced growth profile, and the establishment of a presence in an emerging, mining-friendly jurisdiction.
Pan American Silver Corp. (NYSE: PAAS)
Pan American Silver Corp. (NYSE: PAAS ) operates silver and gold mines in North, Central and South America. The company is one of the largest silver producers globally but has a high AISC profile almost twice that of Silvercorp.
Pan American is actively divesting its non-core assets. Recently, the company agreed to sell its La Arena project in Peru to Zijin Mining. The deal includes an upfront cash payment of $245 million and a $50 million future contingent payment.
New Pacific Metals Corp. (AMEX :NEWP)
New Pacific Metals Corp. (AMEX: NEWP) may be a more speculative play as a development-stage company than the other established silver producers. However, New Pacific owns promising mineral assets in Bolivia, and its flagship Silver Sand project is ranked among the top undeveloped silver projects in the world. In 2023, a Preliminary Economic Assessment (PEA) outlined a post-tax Net Present Value (5% discount) of $726 million and an Internal Rate of Return of 39%.
Their other project, Carangas, could be even bigger, with a PEA expected to be released later this year, further cementing the companys value. As of Mar. 31, this year, New Pacific had around $25 million in working capital, providing ample resources to continue advancing their projects.
Investors in exploration companies can realize substantial returns once the market recognizes the value of the project or if they are acquired by larger players. Other industry peers have shown interest in New Pacific as the company is backed by both Silvercorp (which owns a 27% stake) and Pan American, the latter of which recently increased its stake to 12%."
Endeavour Silver Corp. (NYSE: EXK)
Endeavour Silver Corp (NYSE: EXK) is an established silver miner with operations in the United States, Mexico and Chile. In 2023, the company produced 5.6 million ounces of silver at an AISC of US$22.93/oz net of by-products, with silver accounting for more than half of the revenue mix.
As the global economy navigates through uncertainties and potential headwinds, precious metals may continue to shine as a compelling investment opportunity. By understanding the economic drivers and market sentiment influencing these commodities, investors can position themselves to capitalize on the potential upside while mitigating risks through diversification.
Featured photo by Geizkragen69 on Pixabay.
Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders.
This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.
Contact Details
Benzinga
+1 877-440-9464
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/silver-prices-surging-how-market-conditions-are-affecting-the-price-of-silver-904049082
Benzinga
COMTEX_453110069/2655/2024-05-30T08:45:16
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
San Ramon, Ca, United States, 27th Nov 2024 – Oyu Cosmetics is thrilled to announce that its visionary founder and CEO, Tugs-Oyun Davaadorj, has been honored as one of the “100 Successful Women in Business” by Women in Business Magazine. This prestigious accolade recognizes her groundbreaking achievements in the clean beauty industry and her tireless dedication to empowering women globally through sustainable entrepreneurship and innovation.
As the creative force behind Oyu Cosmetics, Tugs-Oyun has redefined beauty with her commitment to clean, cruelty-free, and ethically sourced skincare products. Under her leadership, the brand has achieved certifications like EWG Verified, Vegan, and Leaping Bunny Certified, affirming its dedication to quality, safety, and environmental stewardship.
A Trailblazer in Clean Beauty and Female Empowerment
Tugs-Oyun’s journey from a finance professional to a trailblazer in the beauty industry showcases her resilience, creativity, and entrepreneurial spirit. Leveraging her expertise in organic cosmetic chemistry, she founded Oyu Cosmetics in 2020 with a vision to combine scientific innovation and nature to create skincare solutions that inspire confidence and promote self-care.
Her recognition in the “100 Successful Women in Business” is a testament to her work as a:
- Entrepreneur: Leading a globally recognized brand that aligns beauty with sustainability.
- TEDx Speaker: Inspiring audiences with her talks on “Human connection in a digital world”.
- Author: Publishing four books, including FitFast: The Power of Intermittent Fasting, Unlock Yourself: Even on Unprecedented Times and Amazon Selling Mastery which merges her passions for health and wellness, helping others and entrepreneurship.
Oyu Cosmetics: Revolutionizing Skincare
Oyu Cosmetics has quickly become a favorite among conscious consumers, offering high-quality skincare products that are as effective as they are ethical. Highlights of the brand’s impact include:
- Sustainability First: Eco-friendly packaging and sustainable ingredient sourcing to protect the planet.
- Innovation Meets Nature: Advanced skincare solutions that harness the power of superfoods and organic compounds.
- Empowering Women: Creating opportunities and uplifting women through mentorship and brand collaborations.
A Global Advocate for Women and Well-being
In addition to her success as a CEO, Tugs-Oyun is a passionate advocate for women in business, frequently mentoring young entrepreneurs and sharing her journey to inspire others. She is also mentor to other women who wants to become entrepreneur. “I’m incredibly humbled to receive this award,” said Tugs-Oyun. “This recognition underscores the hard work and purpose behind Oyu Cosmetics—to create products that empower individuals, support sustainability, and inspire a global movement for clean beauty and ethical entrepreneurship.”
Join the Movement
With her vision and commitment, Tugs-Oyun Davaadorj is setting a new standard in the beauty industry, blending innovation, ethics, and empowerment. Oyu Cosmetics invites everyone to experience skincare that not only transforms their beauty routine but also makes a positive impact on the world.
For more information about Tugs-Oyun Davaadorj her personal blog tugsooblog.wordpress.com and Oyu Cosmetics, visit www.oyucosmetics.com.
Media Contact
Organization: Oyu cosmetics
Contact Person: EP – Marketing Manager
Website: https://www.oyucosmetics.com/
Email: Send Email
Contact Number: +14154630519
City: San Ramon
State: Ca
Country: United States
Release Id: 27112420438
The post Tugs-Oyun Davaadorj Named One of the 100 Successful Women in Business appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
China, 25th Nov 2024, Grand Newswire – Hebei Tengxiao Environmental Protection Equipment Co., Ltd. was established in 2018, located on Fuqiang North Road, Zaoqiang County, Hengshui City, Hebei Province. The company covers an area of 36,800 square meters with a registered capital of 10.8 million yuan. It is a comprehensive industrial company specializing in the research, design, production, manufacturing, system installation, and industrial trade of fiberglass environmental protection equipment.
Main products include: fiberglass square counterflow cooling towers, fiberglass crossflow cooling towers, biological deodorization equipment (biological deodorization filter beds), fiberglass pipes, fiberglass manhole covers, drainage trench covers, fiberglass cable trays, fiberglass grating patterned covers, fiberglass explosion-proof electrical boxes, fiberglass junction boxes, fiberglass desulfurization and denitrification towers, fiberglass purification towers, fiberglass arched covers, fiberglass septic tanks, fiberglass integrated pump stations, fiberglass board and profile materials, and fiberglass molded products.
The company currently employs 2 engineers, 2 designers, 260 frontline workshop staff, and 16 office personnel. It has become a company integrating project budgeting, technical consulting, product design, manufacturing, installation and debugging, and after-sales service, forming a complete set of standardized, scientific, and systematic management systems.
Tengxiao consistently adheres to the principle of “Quality First, Customer Supreme, High-Quality Service, and Honoring Contracts.” With high-quality products, good reputation, and excellent service, the company has received widespread praise for its products and services in the market.
Tengxiao has always followed the corporate spirit of “Exploration, Innovation, Unity, Progress, and Integrity,” continuously improving and strengthening itself. We are willing to work closely with both new and old customers to establish extensive and mutually beneficial cooperative relationships.
Tengxiao will uphold the development goal of “Technology First, Perfect Management, Satisfactory Service, and Continuous Innovation.” The company will continue to increase R&D investment, optimize product structure, and improve product performance to enhance the technical content of its products, striving to become a technology-oriented enterprise. In terms of service, the company will continue to adhere to the customer-first business philosophy, constantly improving customer service levels and increasing customer loyalty. In terms of development, the company will stick to continuous innovation, adapt to environmental changes, and innovate in technology and management, expanding both domestic and international markets.
Hebei Tengxiao Environmental Protection Equipment Co., Ltd. insists on the principle that quality leads the development of the enterprise. With advanced processing equipment and installation technology, we can provide high-quality products and services.
“Better Quality, Integrity-Based, Customer First” is our business principle. Careful design, excellent manufacturing, safety standards, sincere service, and customer satisfaction are our operational philosophies. Honoring contracts and offering high-quality, cost-effective products are our business strategies. Our company has consistently promoted standardized production, applied high-tech, strengthened process control, and improved after-sales service, using excellent technology and social reputation as the driving force for long-term sustainable development.
All employees of Hebei Tengxiao Environmental Protection Equipment Co., Ltd. warmly welcome friends from all walks of life to establish cooperative relationships with us. We will do our best to provide you with satisfactory, reliable, and thoughtful service. Our company has always adhered to the business principles of “Honoring Contracts, Maintaining Integrity, Pursuing Modest Profits, Emphasizing Ethics,” and “Quality Service.” We always focus on “User, Quality, Reputation, and Service” as our business guidelines. We will cooperate sincerely with friends from all walks of life with excellent products and perfect services, striving for mutual development. We are also open to joint ventures and partnerships with domestic and international clients based on favorable conditions and a commitment to contributing to society. The company relies on product quality and modern, large-scale equipment to provide customers with high-quality products and services. We look forward to cooperating with you!
Tengxiao always adheres to the basic principles of “Reasonable Price,” “High-Quality Products,” “On-Time Delivery,” and “Good Reputation Service.” The corporate philosophy of “People-Oriented, Quality-Based” runs through all aspects of our production. “Everything is market-oriented, everything is customer-centered” is our business purpose. Hebei Tengxiao Environmental Protection Equipment Co., Ltd. will continue to introduce new high-quality products, innovate, seek practical development, and contribute quality products to create a comfortable environment for humanity. We look forward to becoming your loyal partner and creating a mutually beneficial future. Your choice, our cooperation! Choose Tengxiao, choose peace of mind! Win-win!
Tengxiao appreciates the beauty of the world and understands the principles of all things. We invite you to appreciate the different beauty of the world and understand the principles of survival in nature. Tengxiao’s existence is to cherish and protect this beauty, and we sincerely invite everyone to participate and embrace a more beautiful tomorrow.
Media Contact
Organization: Hebei Tengxiao Environmental Protection Equipment Co., Ltd.
Contact
Person: Mr Guo
Website:
https://www.tx-frp-enviroequip.com/
Email:
1143220512@qq.com
Country:China
The post Tengxiao Co.: to Build a Leading Brand of FRP Environmental Protection Equipment appeared first on
Grand Newswire.
It is provided by a third-party content
provider. Grand Newswire makes no
warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Doulos Digital: Montgomery County, TX’s Premier Facebook and Instagram Ads Management Agency
Doulos Digital now offers expert Facebook and Instagram Ads Management services for businesses in Montgomery County, TX, focusing on advanced audience targeting, creative ad design, and maximizing ROI. Their tailored solutions help local businesses connect with their audiences effectively, driving measurable growth through cost-efficient and data-driven campaigns.
Montgomery, Texas, United States, 27th Nov 2024 – Doulos Digital, a trusted name in web design and digital marketing, has expanded its services to include professional Facebook Ads Management and Instagram Ads Management for businesses in Montgomery County and beyond. With a mission to empower local businesses, Doulos Digital crafts high-performing ad campaigns designed to increase engagement, generate leads, and boost sales.
The agency leverages the power of advanced audience targeting and creative ad design to help clients reach their ideal customers on social media platforms. By integrating in-depth audience research and A/B testing, their team ensures every dollar spent maximizes ROI. Doulos Digital’s holistic approach includes budget optimization, campaign performance tracking, and ongoing management.
Doulos Digital’s CEO emphasized, “We believe every business, regardless of size, deserves access to cutting-edge digital marketing tools. With our new Facebook Ads Management services, we’re enabling local businesses to harness the potential of social media marketing to drive measurable growth.”
Why Facebook and Instagram Ads?
With billions of active users, Facebook and Instagram provide unparalleled opportunities for businesses to connect with their target audience. Doulos Digital focuses on:
- Advanced Audience Targeting to reach specific demographics, interests, and behaviors.
- Engaging Ad Content that grabs attention and drives action.
- Cost-Effective Solutions with real-time performance tracking.
Their approach has proven effective for diverse industries, including eCommerce, home services, restaurants, and more.
For more details, visit their page on Instagram Ads Management in Montgomery, TX.
Tailored Solutions for Local Businesses
Doulos Digital understands the unique challenges of marketing in Montgomery County. Their campaigns prioritize local audience connection, ensuring small and medium-sized businesses are well-represented in their communities.
The team provides comprehensive solutions, from designing attention-grabbing visuals to managing ad placements and budgets. Regular performance reports keep clients informed about campaign success, allowing for seamless adjustments.
A Partner You Can Trust
Beyond social media advertising, Doulos Digital’s expertise spans web design and SEO integration, creating a unified digital presence for its clients. With their Facebook and Instagram ads expertise, the agency is committed to delivering exceptional value and measurable results.
For businesses ready to elevate their online presence, Doulos Digital is the partner of choice. Contact them today to schedule a consultation and learn how their services can transform your marketing strategy.
Media Contact
Organization: Doulos Digital
Contact Person: Preston Toor
Website: https://doulosdigital.io/
Email: Send Email
Contact Number: +16895003603
Address: 396 Mallorn Lane
City: Montgomery
State: Texas
Country: United States
Release Id: 27112420452
This press release not only introduces Doulos Digital’s services but also highlights their expertise in serving Montgomery County businesses with tailored, high-impact social media campaigns.
The post Doulos Digital: Montgomery County, TX’s Premier Facebook and Instagram Ads Management Agency appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Tengxiao Co.: to Build a Leading Brand of FRP Environmental Protection Equipment
Tugs-Oyun Davaadorj Named One of the 100 Successful Women in Business
Doulos Digital: Montgomery County, TX’s Premier Facebook and Instagram Ads Management Agency
Absolutely Princess: A New Children’s Classic by Mayra L Santana Warms Hearts Post Launch
Unusual Machines CEO Discusses Growth and Strategic Plans Post-IPO
Benzinga Money Article Discusses How to Become Part of the 12% of Retirees Who Have Achieved the Recommended $550,000 Minimum Retirement Savings Threshold
-
Press Release5 days ago
A Omega Fencing Company Launches New Eco-Friendly Fencing Options for Environmentally Conscious Homeowners
-
Press Release1 week ago
The Strategy for Avoiding Failures for High Performers with Leila Entezam’s ‘SET UP’ Method
-
Press Release5 days ago
Humera Tamboli elevates sustainable fashion with purpose: Embracing Supima cotton and Beechwood to create skin friendly capsule clothing
-
Press Release2 days ago
Saba Launches Saba PURE Colostrum and Biotin Complex™: A New Era in Foundational Wellness
-
Press Release1 week ago
Aven Osborne Launches New Personal Website to Inspire and Connect Through Athletics, Academics, and Service
-
Press Release5 days ago
Knowledge Is Power: Minority Class Registers With State
-
Press Release21 hours ago
EnviFX.com Unveils an Innovative Trading Platform to Empower Investors with Advanced Tools
-
Press Release5 days ago
Shop Better, Save Big: BetterFinds.com.au Unveils Black Friday Deals