XAG/USD (XAGUSD)
Silver from the Latin Argentum means light, white. It is known to mankind since ancient times. This is due to the fact that silver is often found in the native form, and it did not have to smelt ores.
From the middle of the XIII century silver becomes a traditional material for the manufacture of pottery. In addition, the silver, and to this day is used for coinage.
A distinctive feature of silver is its quality of being both a precious and industrial metal because of the wide use in industrial and electrical industry.
Silver is used as the precious metal jewelry (typically an alloy with copper or nickel). Used as a coating for mirrors with high reflectivity. The composition of alloys for the production of cathodes of electrochemical cells (batteries). So how has the highest electrical conductivity, thermal conductivity and resistance to oxidation with oxygen under normal conditions, is used for electrical products contacts.
The chemical composition and properties
Silver – a fairly heavy metal: density (10.5 g / cm 3) is in the group only slightly inferior lead. Sterling Silver – a relatively soft and ductile metal. It has a high electrical and thermal conductivity. Silver melts at a relatively low temperature (962 ° C), which greatly facilitates its handling.
Silver is more volatile and speculative asset than gold. This is due to the fact that the market is much less than the silver gold market. Due to the relatively high volatility of the metal, and the large size of the available leverage the profit potential transactions with silver is very high, but the losses can also be significant. Therefore, it is recommended to trade silver traders with large deposits.
