FX.co ★ Five reasons to buy silver instead of gold
Five reasons to buy silver instead of gold
According to some analysts, at the moment, market participants are best to buy a gray-white metal instead of yellow. They consider the purchase of silver more promising than gold. Experts state the reasons for this preference in their research.
Risks in the purchase of silver are minimal
According to experts, when buying silver, market participants almost do not risk. Silver, like gold, refers to the safe-haven assets, but the price for it is more stable than for the yellow metal.
Silver is a practical purchase
Experts consider that buying silver bars is a more practical and measured step than buying gold. They emphasize that gray-white metal is suitable for small purchases. If such an acquisition is planned, then it is best to invest in silver.
Silver outperforms gold in bull markets
Experts consider the market of silver to be very limited. Investments in it are much smaller in volume than in the market of the yellow metal. However, this gives investors an advantage when moving money and managing financial flows.
Growth in world demand for silver
Analysts record an increase in global demand for this metal. It is constantly growing, especially in Asian countries, such as India and China. Experts pay attention to the record level of sales, which is noted in many large state mints.
Silver is an advantageous and significant safe-haven asset
Experts consider silver to be a safe-haven asset, which will save the invested funds in case of a crisis in the world financial market. This metal is great for long-term investments. Experts emphasize: "There is a limited amount of investments that can be held in the hand. These include gold and silver. This is one of the few investments that are stored not only in banks but also in homes." Silver is recognized as a weighty metal, which, like gold, can be felt physically, and is also protected from cyber thefts.