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The traders find the ratio of gold to silver fell to 81.8 as silver had a weak year where the prices were at lowest of the year in September at $13.95. Gold lost gain in October first week due to positive macroeconomic figures where the increase in US jobs was more than 230,000 and there is expected to get a rise in jobs by 185,000 in the coming year.
Silver is an industrial metal, similar to copper in upside, where it has supportive prices at lower and upper ends.
Why to invest?
It is used in solar energy production, electronics and medicines. It is similar to gold in providing protection against geopolitical risks and market turmoils. It provides insurance from various volatility inducing market factors leading to crisis.
Ways to invest
Physical silver provides a way to own the bullions, coins or jewellery, which has a premium value or higher value due to its artistic features. One can own a vault or bank deposit box to hold silver. Smaller premium is needed for larger bars and one can sell all the bars one time, when required. In comparison, only 3 per cent of globally produced platinum is used for investment purpose and held in physical form. Platinum is highly volatile and it grew when its industrial demand increased. Similarly, if the mines of South Africa are nationalized, the prices can increase significantly. One can choose reliable silver mining stocks to invest.
Alternatively, one can invest in silver futures, which can be bought in size 5000 troy ounce where the buyer has to make purchase of a limited amount of silver at the specified purchase price and get the future contracts. The account will be debited for the loss in rate of silver and credited for the gain in prices. If the prices go below the maintenance of the contract, more money will be required to be deposited to the account to continue trading in future contracts.
Silver ETFs can be traded where the ETFs show the performance of the silver and it may have leverage depending on the type of broker.
Silver may trade like gold but, sometimes, it breaks all rules and runs into protective stops. It is mostly oversold and fickle. It can be bought for a few dollars but its rate is higher as compared to other currencies such as Turkish Lira, Pesos and Rials. Gold and silver are both precious but silver is cheaper as compared to gold. Inflation can lead to rise in prices and the recent tariffs can lead to inflation.
The increase in rate makes physical gold and silver attractive, which does not carry interest rates. Tariffs, basically, increase the cost of production and lead to inflation of consumer goods. The imposition of tariffs will lead to inflation and inflation will support growth in silver.
To know more about silver investment, check 99 Alternatives at (http://www.99alternatives.com).
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