Silver Futures, Comex
How to trade silver strongly depends on the speculation of the change of other currencies.
Due to the scarce amounts of Silver and its rising demand levels, its value is growing at a rapid rate and that is reflected in silver trading trends.
Silver trading is normally conducted in relation to the US dollar, as that is how the metal is valued. Online silver trading, however, can also be done with the euro, the Japanese yen, or any other currency for that matter.
As a general rule of thumb for silver trading, it can be said that if the value of the US dollar declines, then the value of silver rises. However this is not a strict truth to abide by when conducting online silver trading, because silver is a globally used commodity and reflects worldwide tendencies, as opposed to just that of the USA and its currency’s fluctuations.
This page offers you the ability to consult a chart in order to make informed decisions for your online silver trading activities. You can use these graphs to perform your own analysis and thus decide how to trade silver for the near future.