Here's what experts say you should know about silver's price trends and what they could mean for your portfolio.

The spot price for one ounce of silver has gradually increased over the past few years, and monthly spot price data indicates ...

For Gold IRAs, APMEX requires a $2,000 minimum purchase, with storage fees starting at $15 per month for portfolios under $25,000. Available Metals and Product Offering.

"Gold prices have been reacting more to headlines in recent months rather than substantive changes to global conditions," says Brett Elliott, director of content at precious metals marketplace APMEX.

The spot price for an ounce of gold is $3,384 as of June 20, and the current gold-to-silver ratio is 93.63, requiring nearly 94 ounces of silver to equal one ounce of gold, according to APMEX.

As of Wednesday, one ounce of gold from APMEX was available for $1,903.79 and JM Bullion was selling for $1,973.77 when paid for by e-check or wire.