Which is the best investment, land or gold in 2021?
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Which Is Better – Gold Investment Or Silver Investment?
If you are planning to invest in precious metals in India, gold, and silver are the two obvious choices. But apart from the prices, what are the other significant differences between the two that an investor should know about? Read this post to know more.
Precious metals add much diversification to the portfolio and is also an excellent hedge against inflation. While gold is often the go-to precious metal in India, silver investing is also gaining popularity. However, if you are planning to invest in precious metals, which one should you select between the two? Let us have a look at some crucial points that can help you make the decision.
Should I Buy Gold or Silver?
While both gold and silver have attractive features, gold is the better investment for the average precious metals investor. Gold has a much larger liquid market that is driven mostly by investment and jewelry demand. The price of gold is less volatile than that of silver, too.
Meanwhile, silver is more speculative and has a stronger relationship to economic activity. This is because silver has many industrial uses. As such, silver can be attractive during down cycles when the price of the metal is cheap.
The key advantage of silver is that it’s much cheaper than gold. Therefore, it’s more accessible to small investors.
Benefits of investing in gold and silver
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