The XAGUSD trading instrument belongs to metals and shows a ratio of silver and the American dollar. In this trading instrument, the basic role is played by precious metal — silver, and the US dollar is subject to converting. Work with precious metal became possible by means of trading in a currency pair XAGUSD. Dynamics of XAGUSD pair more than gold prices depends on moods of the participants of the market, therefore, these movements of the global markets of bonds and the stock markets are of particular importance.
For several years, the cost of silver increased in the price. Such increase is caused by a variety of reasons, but the main reason of such growth is a continuous depreciation of paper money by means of inflation processes. It doesn't influence silver in any way as it doesn't need the state binding to any country and possesses intrinsic value.
It should be noted that world consumption of silver constitutes approximately 32,593 tons. The investment demand for silver grows because of a high inflation pressure. Also, the cost of silver is influenced by various factors, such as a rate of inflation, the growth of world GDP, dynamics of interest rates.