Silver plays a dual role: a precious metal and an important industrial material. That gives it two sets of price drivers — and can make it more volatile than gold.
Not every way of holding silver gives you ownership of specific metal. ETFs give you units in a fund. Coins come with collector markups and storage needs. Pooled accounts give you a general claim. With EONA, every gram of silver is allocated, meaning it's recorded against specific bars — no pooling, no IOUs.
Real Metal. Real Ownership.
When you buy silver through EONA, you're buying physical metal stored with Loomis, an independent vault operator, in Dubai. Your holding is recorded as allocated ownershipof specific bars.
Your metal is recorded separately from EONA’s own assets. The vault operator, Loomis, maintains insurance under its own policy. None of this protects you from falls in the silver price.
Published Pricing
EONA gives you published pricing: the international spot price plus a premium when you buy, minus a discount when you sell, and a 1.00% commission plus 5% VAT on each. Storage is 1.00% per year plus 5% VAT. See our Fees & Spread page.
You see the price, the commission and your total cost before you commit.
Silver’s Industrial Role
Silver is used in solar panels, electronics and many other industries, and industrial demand is a large part of the market. Demand forecasts can be wrong, and industrial demand falls when economies slow.
EONA sells physical silver on an execution-only basis and does not give investment advice. Whether silver suits you is your decision.