Weight | 1 oz, 5 oz, 10 oz, 1 kg, 100 oz |
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A silver bar is a rectangular-shaped piece of silver that is produced by a variety of private mints and government mints around the world. Silver bars are typically made of .999 or .9999 fine silver, which means they are at least 99.9% pure silver.
Silver bars are produced in a range of sizes, from small bars weighing just a few grams to larger bars that weigh several hundred ounces. The most common sizes for silver bars include 1 oz, 5 oz, 10 oz, and 100 oz.
Silver bars are a popular investment for those who want to invest in silver. They are considered a convenient and cost-effective way to own physical silver, as they generally have a lower premium over the spot price of silver compared to other forms of silver such as coins.
Silver bars are also highly liquid and easy to buy and sell. They are widely recognized and traded around the world, which makes them a convenient way to invest in silver.