What To Invest In Gold Or Silver

Physical gold gold jewellery.

What to invest in gold or silver.

10 the gold silver ratio favors silver. You may have heard your parents or grandparents say that buying gold jewellery is better than buying silver. It is second only to oil as the world s most useful commodity. Unless you re as lucky as this guy who discovered a 2kg gold nugget worth us 160k how to invest in gold in singapore.

Especially when the ratio reaches an extreme the gold to silver ratio averaged 47 1 during the 20th century. For the mining companies higher prices for gold and silver ensure higher profit. That said these assets have an inverse correlation to world markets. Gold and silver are very safe long term investments.

There is currently less investment grade silver available on earth for investors to buy than there is gold. In other words if the stock market is rising gold and silver are generally flat or down. Gold and silver stocks. Silver is a miracle metal.

Last the gold silver ratio the price of gold divided by the price of silver can give clues about which metal might be the better buy at any given time. Silver prices have followed suit see the current price of silver for example if you listen to commercials or read advertisements prices can only go up. It s averaged about 61 1 in the 21st. Silver s lower value may make it less efficient to invest in when compared to gold.

Today there is only enough investment grade silver on earth for every person to have 1 14 th of an ounce. If you have access to uob personal internet banking or uob mighty and have an existing gold savings account or silver savings account you can start buying and selling gold and or silver online from mondays to fridays from 8am to 11pm excluding singapore public holidays. Gold savings account silver savings account. Here some ways which you can invest in gold in singapore.

5000 of silver takes up substantially more space than the same value of gold which is something to consider in regards to the costs of transportation storage and protection. In fact when it comes to gold the long term trend shows that it grows at an average rate of around 10 per cent per annum.