as I Stated in My question I am willing to Invest money in market as per my knowledge if I go to gold it will not in my budget and price of gold is depend on international market which usually fluctuate might I can come in loss if down to much with this perception I think Silver will be best option to invest am I Right to Proceed this
Answers (3)
Both gold and silver are traded on the international market. Both prices fluctuate based on market conditions so the risk is more or less the same. Gold is more about the rarity of the metal and its usage in jewelry wereas silver price is also influenced by the industrial environment as it is used in many industries. Both metal prices are in USD so they would be sensible to USD strenght. If you look to the price charts silver came down from a peak of 49 USD in 2011 to... 18 today so, 63% loss in value. Gold went down from 1925 USD to 1300 today so a loss of 32%. Both comodities are on a bearish trend with specialists believing that this will continue for some more years. USD is continuing to strenghten due to QEs in Japan and more recently in Europe. Global growth seems to slow down, so I tend to believe what specialists say. If you buy for long term (10-20 years), yes you can go for any of them, the prices will recover. However, if your investing horison is somewhere up to 5 years I suggest you should not buy any metalcan find better investment alternatives (US bonds for example as the Fed will ultimately increase the interest rate somewhere this year -> this will also negatively impact of the price of gold and possibly silver)