Gold vs silver investing skyrockets your portfolio returns
Understanding the Market Dynamics
The prices of gold and silver are influenced by various factors, including global economic conditions, currency fluctuations, and geopolitical tensions. For instance, during times of economic instability, the demand for gold typically increases as investors seek security in tangible assets. Similarly, silver, known for its industrial applications, often sees price surges due to its dual role as a precious and industrial metal.
According to the World Gold Council, the demand for gold reached a record high in recent years, driven by central banks and investors seeking to diversify their portfolios1. Meanwhile, the Silver Institute reports that silver demand is expected to rise due to its use in green technologies and electronics2.