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What else can I help you with?
Why does gold cost more per ounce than silver?
Gold costs more because it is much more rare and hard to find. Gold costs about 50 times more than silver
What effect did the Gold Rush of 1849 have on the value of silver?
It made silver worth more than gold
Is silver or gold better?
gold. its worth more money silver, It's much cheaper than gold (estimated $35.00 vs. $1,700.00) also Silver value jumped faster than gold too (estimated 400% vs. 300% increase in value in 10 years)
Why is gold coin and silver coin more expensive than gold bullion?
Because they mostly have a collectible value.
Why is silver mining costs 5.25 dollar per ounce and the market price 27 dollars?
Because the mining cost is not $5 an ounce. Silver is not profitable to mine by itself. It comes up as a secondary product of existing mines for other metals. To mine for silver alone would cost around $50-$100 an ounce. It is only ten times more plentiful than gold. Does it really make sense to you that gold would cost $500-$900 an ounce to mine and silver only $5? The reason we are running out is because all we get is table scraps from mines for other things.
Is it true that so much silver has been consumed that there is more gold than silver?
Absolutely not! Silver is MUCH more plentiful than gold. If There were more gold than silver, silver would COST more than GOLD!
Why does gold cost more than silver?
Yes, it is more rare and desirable than silver, so more expensive
Why does gold cost more per ounce than silver?
Gold costs more because it is much more rare and hard to find. Gold costs about 50 times more than silver
Which 2 metals cost more than iron?
steel and silver. another is gold.
Which is heavier gold or silver?
Gold is heavier than silver. Gold has a higher density than silver, which means that a specific volume of gold will weigh more than the same volume of silver.
Do spanish coins cost more than french coins?
Some coins cost more because they are rarer, or made of gold or silver, not because of where they are from.
Is a gold necklace better than silver?
Gold is timeless, but it can be tacky if you are not familiar with the person. Silver is always a bit more refined in terms of apprearance. In terms of value a true gold necklace will cost you much more.
Which one is heavier gold or silver?
Gold is heavier than silver. Gold has a higher density than silver, meaning that a given volume of gold weighs more than the same volume of silver.
Why are some of the coins gold and some silver?
gold is worth more than silver, so the more gold the more its worth.
Is gold stronger than silver?
Gold and silver are both precious metals with different characteristics. Gold is generally softer than silver, which means it can be more easily bent or scratched. However, gold is more resistant to corrosion than silver. Overall, gold is considered more valuable than silver because of its scarcity and cultural significance.
Which metal is heavier silver or gold?
Gold is heavier than silver. Gold has a higher density compared to silver, which means that for the same volume of metal, gold will weigh more than silver.
Why is silver better than gold?
1. Gold is more expensive. Edit: Silver is considered a better investment opportunity than Gold. One of the reasons is because there are far more industrial uses for Silver than there are for Gold. That means that silver is quickly diminishing in abundance while gold is actually Increasing in abundance. (Presently, there is about 5 to 7 times more gold than silver stored above ground.)
