Gold Vs Silver Have Been Both Precious Metals That People Have Depended On In Times Of Needs And Market Breakdown. Read This Article To Know Which Investment Is Better, Gold Or Silver. Looking For Investment Opportunities And Expanding Your Portfolio. Learn About NCD: Non-Convertible Debentures
Gold Vs Silver Returns
The Following Is The Gold Vs Silver Rolling Returns.
The Data Shows Returns In The Last 20 Years.
Analysing The Data, We Understand Gold Offers Better Returns, But Silver Has Its Occasional Spikes.
Jan 2021 Returns Offered By Gold Investment Is 10% And Returns By Silver Investment Is 8%.
Oct 2023 Returns Offered By Gold Investment Is 14% And Returns By Silver Investment Is 13%.
We Understand That The Returns Are Increasing Constantly, And Gold, Silver Will Both Provide Heavy Returns.
Gold Vs Silver Price
Here Is Historical Data And Changes In Gold And Silver Prices In India.
Gold Prices In India
| Year | Price (24 karat per 10 grams) |
|---|---|
| 2014 | Rs.28,006.50 |
| 2015 | Rs.26,343.50 |
| 2016 | Rs.28,623.50 |
| 2017 | Rs.29,667.50 |
| 2018 | Rs.31,438.00 |
| 2019 | Rs.35,220.00 |
| 2020 | Rs.48,651.00 |
| 2021 | Rs.48,720.00 |
| 2022 | Rs.52,670.00 |
Silver Prices In India
| Year | Silver Rates in Rs./Kg. |
|---|---|
| 2014 | Rs.43070 |
| 2015 | Rs.37825 |
| 2016 | Rs.36990 |
| 2017 | Rs.37825 |
| 2018 | Rs.41400 |
| 2019 | Rs.40600 |
| 2020 | Rs.63435 |
| 2021 | Rs.62572 |
| 2022 | Rs.55100 |
Gold Vs Silver Price Today
Gold And Silver Price Today. As Of 2023,
The Price Of Gold 2023 Is Rs.61,080.00 (24 karat per 10 grams).
The Price Of Silver 2023 Is Rs.71500/Kg.
Factors To Consider To Choose Between Gold Vs Silver
The Following Are The Main Factors Showing A Difference Between Gold And Silver, Read Carefully To Understand The Difference Between Gold And Silver Investment:
Volatility
Volatility Refers To Changes In Prices Over A Span Of Time. The Higher The Volatility, The Higher The Profit Or Higher The Loss. Silver Is Much More Volatile Than Gold. As Shown In The Above Data, Silver Prices Tend To Spike Unexpectedly. Gold Is A Much Better Investment Option Because It Is More Stable Than Silver.
Liquidity
Liquidity Is The Ability To Exchange And Trade Goods Without Affecting The Market Drastically. Gold Has A Higher And Constant Demand In The Market. Demand For Silver Keeps Fluctuating.
It’s Easier To Transact In Gold Because Of Its Constant Demand.
Storage
Silver Is Much More Dense Than Gold. Silver Also Has Rusting Properties Requiring A Special, Specific Storage Unit. The Reason Why Gold Is Used In Most Jewelleries Is Because Of Its Ability To Keep Its Shine Through The Years. Gold Doesn’t Damage Easily.
Requirement Of Special Storages Increases The Storage Cost Of Silver.
Demand
Silver Is In Demand In Industrial Applications. Gold Has A Much More General And Universal Demand.
Most Of The Silver Minned Is In Use In Some Machinery Somewhere, But All The Gold Is In Someone’s Storage Unit.
Affordability
Silver Is More Affordable Than Gold. It’s Called Poor Man’s Gold. The Only Thing You Have To Watch Out For Is The Sudden Spikes In Prices, As Silver Is A More Volatile Material.
Government Reserves
The Government At Given Point Has Huge Gold Reserves; It Used To Silver Too. Silver Was Used To Mint Coins Since We Don’t Do That Anymore Government Has Sold Most Of Its Silver Reserves.
Gold Vs Silver: Where Should You Invest?
If Your Goal Is Long Term Investing, No Material Could Beat The Shiny Old Yellow Bar, But If You’re Keeping In Trend With The Spikes And Falls In The Silver Prices And Could Anticipate A Fall Or Rise, Then Go For Silver.
