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Price of Silver

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Comments

  • jon3001
    jon3001 Posts: 890 Forumite
    6022tivo wrote: »
    So, looking at the prices.. What would you guys say was a fair price to pay for a kilo of fine silver today???

    £600??

    By 'fine silver' I'm assuming you're wanting something new and physical (rather than 2nd-hand silverware, old British coins, or commodity ETCs)?

    These guys do a 1Kg bar for £435 right now.
    http://www.coininvestdirect.com/main.php?a=10&id=167

    If you travel you might be able to do better picking something up aboard and not paying (as much) VAT.
  • tradetime
    tradetime Posts: 3,200 Forumite
    6022tivo wrote: »
    So, looking at the prices.. What would you guys say was a fair price to pay for a kilo of fine silver today???

    £600??
    Excluding any taxes I'd say about £370 a Kg
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • tradetime
    tradetime Posts: 3,200 Forumite
    Silver continuing its slide currently.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • Asheron
    Asheron Posts: 1,229 Forumite
    Silver is an investment of a life time, a chance to become very Rich
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • Asheron
    Asheron Posts: 1,229 Forumite
    A kilo of .999 silver (35oz) about £500

    I'm paying £15.20 for 1 oz Maples
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • jon3001
    jon3001 Posts: 890 Forumite
    Asheron wrote: »
    A kilo of .999 silver (35oz)

    It's about 32 troy ounces to the kilo.
  • Asheron
    Asheron Posts: 1,229 Forumite
    Thanks :)

    I thought it was cheap that 1kilo australian coin :(
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • SilverStandard
    SilverStandard Posts: 174 Forumite
    6022tivo wrote: »
    So, looking at the prices.. What would you guys say was a fair price to pay for a kilo of fine silver today???

    £600??


    Thats a bit steap.

    About £400 2nd hand or £380 plus VAT new.

    Maybe later this year it will be £600 Kilo.........
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    sabretoothtigger wrote: »
    Have you got a chart of silver in pounds.

    Here is a silver and gold chart in GBP.
    Go down to "Interactive Silver Charts".
    Worth keeping in favourites.

    http://www.24hgold.com/english/Gold_silver_prices_charts.aspx?money=GBPound
  • 6022tivo
    6022tivo Posts: 818 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    I can pick up a nice 1kilo silver coin thingy for £450 tomorrow???

    Thinking I should. Technically 2nd hand so no VAT???

    Worth a punt..??
This discussion has been closed.
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