Why invest in silver today?
Silver has been a popular precious metal for savers and investors. Because it is usually more affordable than gold, it is more accessible to a wider pool of investors, particularly those who are just starting out. This has helped to drive up the demand for this precious metal, particularly in recent years.
Silver is also an important metal for industries and is regularly used in products ranging from cars and dishwashers to mobile phones. Consequently, when the economy does well and the demand for industrial products increases, this could also lead to a rise in the price of silver.
Like with gold, you can buy silver bars to diversify your portfolio and potentially reduce your exposure to market volatility.
Presentation of the 10 ounce silver bullion bars
Most 10 ounce silver investment bars are made of 999.0‰ silver, which is the industry standard for investment silver bar purity and include their unique serial number.
- The PAMP Suisse 10 oz silver bar dimensions are: 88.5mm in length, 39mm in width.
- The 10 oz silver bar weight is approximately 311 grams.
Why buy the 10 ounce silver bars?
Buying 10 ounce silver bars can be a smart move for investors seeking tangible assets to diversify their portfolios. These bars offer a balance between affordability and size, making them accessible yet substantial enough to be a worthwhile investment.
Additionally, silver has intrinsic value, making it a good choice for those looking to hedge against inflation and economic uncertainty.
You can buy these 10-ounce silver bars without VAT by storing them in our secure freeport, similar to a duty-free area. If you decide to have them delivered, it's just a few clicks away, but be aware that you will need to pay the relevant VAT.
When you buy our VAT-free silver products, you don’t have to pay Value Added Tax, currently 20% in the UK and 8.1% in Switzerland, when you keep them in secure storage.
What is the value of our 10 ounce silver bars?
The value of a 10 ounce silver bar varies and is dictated by the latest silver price, which fluctuates daily and can be hard to predict. Various macroeconomic factors, such as interest rate rises and inflation reports, can influence the price of silver and other precious metals. Before you make any purchases, check the current price of silver to make an informed decision.
How to store 10 oz silver bars?
You can store your 10 oz silver bars for free in our secure, insured vaults in Switzerland, which have no public access. These are outside the banking system and are insured against theft, loss and damage too. Alternatively, you can store your products at a bank safe deposit box, or at home, although storing silver bars is always safer in a secure facility.
Reselling your 10 oz silver bar
We know investors like to be flexible and may sometimes need to convert their investments into cash at short notice. That’s why GOLD AVENUE allows you to resell your stored 10 oz silver bar at any time (24/7) with 0% commission, which also helps you take advantage of any favourable price movements.
Explore our other silver bars
GOLD AVENUE offers a range of other VAT-free and Lady Fortuna PAMP silver bars to help you diversify your precious metals portfolio even further. From the larger 100 oz silver bars to the iconic 1 oz Lady Fortuna silver bars, our silver bars cater to different preferences and budgets.
Discover our collection of silver bars available at GOLD AVENUE: