Silver is one of a small group of valuable commodities that includes gold, platinum, and palladium and is still one of the most popular metals used to make a wide variety of objects. Rough-cut pieces of silver known as “hacksilver” were used in the past in trade or to store wealth. Like gold, silver has traditionally been – and is still – regarded by many as a “safe-haven” asset.

eToroX recently increased the number of trading pairs by 30% on its exchange, including five new fiat stablecoins (for a total of 17) and two commodity-stablecoins – eToro Gold (GOLDX) and eToro Silver (SLVX) – pegged to the price of gold and silver respectively.