|Spreads from*||23 hours a day||Leverage**|
|3.8 pts||Mon - Fri||4.44:1|
The price of Silver is driven by many of the same factors as Gold – Rate of inflation and inflation expectations, global GDP growth, and interest rates as well as the monetary policies of some of the larger central banks in the world – US Fed, European Central Bank, Bank of England, Bank of Japan and the People’s Bank of China. To a certain extent, supply/demand factors tend to play a greater role in silver’s price fluctuations than in gold’s due to its comparative lack of market liquidity. Lastly, market sentiment plays a major role in the price of the “poor-man’s-gold”, thus silver traders will want to keep a close eye on consumer confidence data as well as the movements in many of the global bond and equity markets.
**Leverage may vary per account.