What the silver dollar could be worth: a new look
Posted January 10, 2019 03:31:00The dollar is the world’s reserve currency, used to purchase all kinds of goods and services.
But, it’s not the only one that can be used to buy and sell goods and currency.
In fact, gold, silver, platinum and palladium all make up a much smaller portion of the US dollar’s value.
The US dollar is also the world reserve currency for the value of goods that are imported from abroad.
In a world where there is a significant gap between the value and the price of commodities, the value can fluctuate significantly, with the price and the value fluctuating at different times.
A few years ago, for example, the price for US wheat was more than 20% higher than the price in China.
Gold and silver have been highly popular for their relative cheapness, but it also means they can be more volatile than other metals.
For instance, a 1,000-ounce gold bar, which can be worth about $1,200, is worth more than $1.80 in China and less in the US.
Gold, silver and platinum are not interchangeable.
Gold and silver are not backed by a central bank.
But gold and silver can be interchangeable if the price falls below a certain threshold.
A new gold-silver-platinum bar that was sold for $1 each on Tuesday, January 10, is valued at around $9.75 in the United States, and $17.30 in China, according to CoinMarketCap.
It’s worth around $14.50 in the Chinese market and around $18.80 elsewhere.
In January, the US gold-platinium-gold price peaked at $1k at the time.
The US Dollar Index, a measure of the relative prices of gold, platinum, palladium and other metals, fell 1.4% to 2,054.94 US dollars per ounce in January.
The price of silver dipped 0.2% to $2.98 per ounce, and platinum dropped 1.6% to 1,934.43 euros per ounce.