In this article I will be writing about the investment on silver and how it is gaining the popularity then gold in the market. As we all know, gold is considered as the good investment option and the prices keep rising to the new heights. Only very few people have the knowledge on silver market and in the recent days, silver’s prices are skyrocketing and touching the new heights. It is predicted that the price will go up as the demand for the silver is more and supply is less. This article explores some of the key facts on silver and how it is giving the good returns than gold. If you have any doubts please post it in the comments section. Subscribe to our future articles here.
Rise in Silver Prices
There is sharp rise in the silver prices from 2005 year onwards. When talking to the experts, silver is considered as the best investment option after gold. In the recent days, this thought has caught the investors and started investing more on the silver. Apart from silver as the investment, it has many uses in the industries where the demand of the silver is increasing every day.
The use of silver in the electrical appliances and medical products has increased since 2001. Also the silver is heavily used in the semi-conductor companies. It increase the demand for non-investment purpose.
How to invest in Silver?
The only option to invest in the silver is to buy physically from the store. There is no online trading for silver in India. In my previous articles, I have explained about the ETF trading for gold. But, there is no ETF trading for the silver in India. Other countries have this option. We can expect this in future. However, you may buy it from the store and sell in the future for good price. I would strongly suggest for the investment on silver because there is more chance for the price rise in coming years. If you are investing Rs.500000, invest at least 20% in the silver. Buying the silver or gold directly from the store is called as Spot Market.
When buying the gold you will be choosing the best quality by asking whether it is hallmark or 22 caret. When buying the silver, please ask them whether it is sterling silver. Sterling silver is 92.5% pure, so it is easy to resale for the same market price.
Where to Invest : Silver or Gold?
Here I am not saying that silver is always the best option than gold. Gold and Silver is like twins, if the price of gold increases silver also will increase. Same case when the price is falling down. But, the amount you need for the investment in gold is more compare to the silver. You can start your silver investment with less price. That is the reason I prefer silver for the investment of all kind of investors. Also, don’t invest the entire amount in same time. Looking into the market, if the price going down buy it and wait for next price falls. It will be balanced.
What is the price of Silver Bars?
Price of silver is increasing every day. Last year the price for one silver bar was Rs.17400. At present it is Rs.27000. With in one year Rs.10000 increased. The stock of the silver also less compare to the gold in the market. It is predicted that, the price of the silver may touch Rs.45000 by next year.
Summary
I hope this article would be very full for the investors who are not aware of the silver and its demand. It will be eye opener for them to start investing on the silver market. I will keep update this blog about more news related to silver and its prices. Keep watching this place by subscribe here. If you have any doubts please post it in the comments section.
January 1, 2010 at 6:30 pm
If you store Silver there is an issue of it becoming black in due course. Won’t this have an impact during re-sale? From India can’t we invest in international stock exchange, in-turn in Silver ETFs?
June 10, 2010 at 12:14 am
Im in uae ,can i buy silver from Abudhabi or dubai. Should i buy silver articles or silver bar,how do i find out whether it is sterling silver
June 11, 2010 at 7:57 am
HI Sath,
I agree with your point. But, if you bought quality silver it will not have any problem. There is no ETF for silver in India.
Thanks,
Krishna
June 11, 2010 at 7:58 am
Hi Anne,
You can buy the silver bar.
Thanks,
Krishna
August 27, 2010 at 9:23 pm
sir,
I read in old Chitralekha Magazine,about Gold ETF,I am not interested in Share Market,but want to know about trading of Gold ETF & the difference between Co.Shares’Trading & Gold Unit ETF.
Thanks.
Prakash
29/08/10
October 13, 2010 at 12:21 am
I heard we can now purchase even Silver in Demat form.
National Spot exchange has launched a new series called as “E-Silver”, where we can purchase minimum 100gm of gold as 1 unit & it get credit to our demant a/c in T+2 days similar to our equity delivery. But the problem is the awareness even among the DP participants & brokers who even don’t know how to open an a/c for spot exchange. It may take some time to become popular.
Infact NSEL is planning to launch similar series for base metals, where we can take delivery.
November 18, 2010 at 5:35 am
Most of banks ready to sell the silver biscuit, but not ready to buy the same biscuit. so How to en-cash it? we try to sell in jewelery, they are hesitated, if he buys from us, he added the wastage and wages also. so How can I en-cash with the market rate.
December 3, 2010 at 8:53 am
pl how to invest in silver (not physical) Is there any silver ETF of indian fund house
January 31, 2011 at 5:07 am
Is silver rates go to 50000 at the end of the 2011?
March 11, 2011 at 2:16 am
Is silver rates go to 100000 at the end of the march 2012?
March 20, 2011 at 2:49 am
contents are made very simple, easy and intersting for a lay man also, probably thats the intention to bring investors from other comodity. Too good.
March 22, 2011 at 7:38 pm
is the price of silver touch 60000 from dec. 2011 to middle feb. of 2012.,
Sir also send your mobile no. at my ID rohitrana98@yahoo.com.
Your articals is more helpfull to me.
March 22, 2011 at 7:48 pm
sir i m from aligarh(up).so pls understand me that what are the good purchasing place and selling place nearest by me.
Selling place means who undestand that the quality of silver at the time of sale,or easy to sale place as a best quality.
March 22, 2011 at 7:57 pm
sir how we find that this silver is sterling silver 92.5% pure silver.
And sir i m from aligarh so pls say me that whats the purchasing place of sterling silver 92.5% pure,nearest by me.
My id is rohitrana98@yahoo.com and my mb. No. Is 09027111850.
July 16, 2011 at 3:34 am
Which is gud to buy raw silver or bar silver
July 20, 2011 at 2:53 am
How to verify the purity short of lab Testing
August 1, 2011 at 12:11 pm
hello sir . I am more bullish on silver. I expect 10 lakh per kg in 2020.but when to buy? is my problem. Current price$39 ounch..is it desirable to buy at this price.i hope u mail me when buying price came please. THANKING YOU
August 1, 2011 at 12:16 pm
whthou fail .just tell me when 2 buy. I havily want to purchase silver gj3bl3954@yahoo.com
December 3, 2012 at 4:28 pm
I ve there.. u call me 9972827973
October 26, 2011 at 7:38 pm
Which is good for investment, raw silver or silver bar?
January 27, 2012 at 5:13 am
i would like to invest on Silver bar, please advise where should i buy?
ravindra
December 3, 2012 at 4:26 pm
i ve silver bisicuits.. u call me 9972827973
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