Silver is a popular metal used in bullion, which refers to precious metals in the form of bars or ingots. Silver bullion is an incredibly popular choice for precious metal investors due to several factors:

Historical Performance: Silver has a history of outperforming gold in precious metal bull markets.
Inflation Protection: Silver typically rises by more than 15% per annum in years when inflation is high.
Correlation to Rising Stock Markets: Silver’s price often rises with stock markets, driven by varied and growing industrial demand.

Silver bullion comes in various forms, including coins and bars. The bars can be as small as 1 troy ounce and can go as high as 1,000 troy ounces. The most typical silver bars that are minted and sold are 1 oz, 5 oz, 10 oz, 1 kilo, and 100 oz. The value of a silver bar is usually close to its melt value.

Silver bullion is often .999 or .9999 fine, meaning it is 99.9% or 99.99% pure silver. This high level of purity ensures that you are getting a high-quality product.

In addition to being used for investment purposes, silver is also highly used in industrial and electronic applications. Today, there are still some 4 billion ounces of silver bullion held by investors above ground.

Please note that investing in silver bullion, like all investments, involves risks and it’s always a good idea to do your own research or consult with a financial advisor before making an investment.