In India alone, gold imports are expected to triple. Investors selling silver and gold right now are flooding the market with supply. Other gold and silver funds have been under pressure, too. Related: Has the gold bull finally run out of steam? As for silver, the precious metal is often the fortuitous byproduct of mining for other elements like zinc or copper.
This means even if direct silver miners stop production altogether, some silver will still be coming to market by miners digging it up by accident. The other big problem for silver and gold? With U. Sure, there are always a host of moving parts when it comes to precious metal prices, including the effects of inflation or the need among investors to find a "safe haven" asset. The good news for metal investors is that there are plenty of signs pointing to some stability in gold prices right now But it may be unreasonable to expect another big rally for precious metals anytime soon.
Write him at editor investorplace. We're no longer maintaining this page. Gold prices and silver prices have been plunging. Additionally, silver is used in many life saving medicines as well. Investors or nations buy Gold for accumulation only, but silver has many other industrial applications apart from investment.
But, if we compare gold and silver investment, then silver is considered to be a lot more useful metal than gold. Price of gold has always trades at exorbitant prices because of the huge imbalance in its demand and supply. The global trend and brand name of gold also contribute in its unreasonably high pricing. But comparatively, in terms of gold vs silver investment it is noted that that silver is still traded at a much economical price.
Even the petty investors can go ahead and invest in silver easily. Why investing in silver is a good idea? Silver, being more affordable, is an ideal choice for masses who look to buy ornaments and do bullion investments. What should you buy, silver coins or bars? Conventionally, purchasing silver bars is a better investment alternative. Also, silver bars have low premiums and are much easier to store than coins.
How can you invest in silver in India? You can also get silver ETFs from trading accounts. Is silver a safe investment? Market experts and economists always recommend investing in a risk-free low valued asset like silver. It is so because neither your money will be blocked nor the value of silver will depreciate. Looking for Something? Start a Conversation. Visual Stories. Glamorous pics of Aiswarya Suresh Entertainment. Most stylish vloggers that slay our YouTube feeds Lifestyle.
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In the first half of , gold and silver fell 16% and 29%, respectively, to Rs 25, per 10 grams and Rs 40, per kg, respectively. However, they rose. The other big problem for silver and gold? With U.S. stock market indexes up 16% so far in , there are plenty of other investments out. saw silver prices average $ per ounce, down almost one quarter from and hitting 4-year lows beneath $20 per ounce. The US stock.