Which one is good to invest in, gold or silver?

[Starmix]

Choosing between gold and silver as an investment depends on your individual financial goals, risk tolerance, and investment timeframe. Both are precious metals offering potential benefits, but they offer significantly in their characteristics and dynamics.

The following are the key differences and considerations:

• Price and accessibility;
• Industrial use;
• Volatility;
• Long-term performance, and
• Investment vehicle.

Silver is considerably cheaper per ounce than gold, making it more accessible to investors with smaller capital. However, this also means that price fluctuations in silver can have a more significant impact on your investment than those in gold.

A significant portion of silver demand comes from industrial applications. This industrial demand makes silver’s price more sensitive to economic cycles and technological advancements. Gold, on the other hand, is primarily used for investment and jewelry, making its price less susceptible to short-term economic fluctuations.

Silver prices are generally more volatile than gold prices. While this volatility presents opportunities for higher returns, it also carries increased risk. Gold tends to be a more stable investment, often serving as a haven during economic uncertainty.

Both gold and silver can be invested in through various avenues. Each method has its advantages and disadvantages related to liquidity storage, feed, and risks.

 

[eLdavis]

When it comes to long term returns, gold has been able to perform better than silver, so i think gold would be better.

 

[pousinha]

My mother had the habit of investing in both golden and silver jewels (preferring the golden ones) and I inherited such a good habit. Both are good, even if gold is to be preferred if you have enough to spend (if you need money quickly, you can recover your money in a less timeline if you sell a golden jewel compared to silver jewels that lose too much value when you sell your used items to a used jewels shop). In any way, when we have limited resources, investing in silver is better than nothing. Or we can choose the option of purchasing an item made of both gold and silver.

 

[Kross]

No asset yet is as stable as gold. Silver doesn't even come close in stability and value to that of gold.

 

[Augusta]

Gold has delivered better long-term returns compared to silver. Its reputation as a safe-haven asset means it tends to attract more investors during economic downturns

 

[Starmix]

Most people prefer gold over silver. Gold can be stored and never depreciate. It continues to appreciate in the coming years, especially this time.

 

[Suba]

In my opinion, before deciding which investment to choose, we need to thoroughly analyze the fundamentals, such as:
Liquidity: Gold is more liquid and can be cashed in at any time, whether it's jewelry or bullion.
Price: Gold prices are more stable and consistently rise year after year, while silver is more volatile, requiring advanced analytical skills.
So, personally, I choose gold, which I consider to be better.

 

[Augusta]

Most people prefer gold over silver. Gold can be stored and never depreciate. It continues to appreciate in the coming years, especially this time.

Yeah this is why people go for gold they know that it would be helpful in the long term so they invest more in gold

 

[Suba]

In terms of gold care, it is also easier, we only need good cleaning and storage, whereas silver care requires special materials, even caring for silver coins is more difficult than silver bars.

 

[Sanjeev]

I prefer to invest in gold as the rate of increase of money is higher than silver for gold. But the only problem is the price of gold these days is too high for a middle class person to buy. It has become extremely difficult for people to buy jewelleries of gold.

 

[Starmix]

Yeah this is why people go for gold they know that it would be helpful in the long term so they invest more in gold

Yes, so true, if we keep gold jewelry and plan to sell it someday, there is a difference between the previous value and the time when it's ready to be disposed.

 

[Augusta]

I prefer to invest in gold as the rate of increase of money is higher than silver for gold. But the only problem is the price of gold these days is too high for a middle class person to buy. It has become extremely difficult for people to buy jewelleries of gold.

Yes it is good to invest in gold now. You would be glad you did as the profit of gold is per second billing

 

[Stardom22]

Although l have never decided to invest in any one of the two because of it's capital intensity, l would choose to investing in gold when the right time comes.

 

[Augusta]

Gold is often viewed as an alternative investment that can perform well when stocks are on the back foot.

 

[Starmix]

I started buying gold jewelry during auction. The price is a little bit lower than buying outright in a jewelry store. I store them in a safe case. I may dispose them when the price doubles my capital.

 

[Sanjeev]

I started buying gold jewelry during auction. The price is a little bit lower than buying outright in a jewelry store. I store them in a safe case. I may dispose them when the price doubles my capital.

I avoid buying jewelleries as an investment as I don't like to spend my money on the 'making' charges.

 

[Starmix]

I avoid buying jewelleries as an investment as I don't like to spend my money on the 'making' charges.

Your wife may like it. Try to ask her if she has a passion for buying and selling gold jewelry.I started doing this 8 years now.