But there are serious differences between the two in terms of market size,Investing in Silver versus Investing in Gold – What to Choose? Articles volatility, and availability.
Market Size
The silver market has always been, and will continue to be, much smaller than the gold market. The amount of bullion gold for investment available is estimated to be twice as much as that of bullion silver.
What’s more, the price of gold https://www.goldandsilverprice.today/ has been up to 97 times higher than that of silver during the last hundred years, making the gold market many, many times more valuable than the silver one.
Volatility
The relative smallness of the silver market compared to the gold market makes silver more volatile. So much so that sudden rises or slumps in the value of silver are extremely common. Obviously, this makes investing in silver possibly more risky than investing in gold.
But also possibly more rewarding, since the price of silver can also grow faster than that of gold. 2010 is a good example of a year when the price of silver – at least in the first half of the year – has risen much more than the price of gold.
Availability
There are far more known deposits of silver in the earth than there are deposits of gold. While some believe that gold availability is going to dwindle in the years to come, since most of the major gold deposits have been already mined, nobody seems to worry about the availability of silver.
The greater availability of silver suggests that silver will not become nearly as expensive as gold. It also suggests that silver prices can more easily fall than gold prices, since the growing scarcity of gold will conserve the latter’s value.
So, Silver or Gold?