4 Better Investment Alternatives to Gold


Bangalore: With gold prices soaring like never before, the product, whether as an investment or ornament has more become a luxury item. The low performance of U.S. companies? stocks has pulled the investors to gold. While gold is seen as an investment product in several parts of the globe, in India it is much more than just an investment. Thus, no surprise the commodity has disturbed the Indian minds a lot. Especially in recent times, the price of the commodity has been mounting only northwards. However, for all those who are into investing in gold, there are always alternatives to this high-priced commodity. Silver
4 Better Investment Alternatives to Gold
Silver is one such alternative that one can look for. Whether you are looking to buy silver or just keep it a dematerialized form, silver has its own charm to it. In fact, the rate at which price of silver is growing is better than that of gold, thus proving it to be better investment alternative to gold. Presently, the price trend of silver is around 64861-65165 per kilogram while the gold?s price is around 28535.00 per 10 gram, which is expected to cross even 30,000 in near future. Silver can be bought in bars and is also available as exchange traded products through multi commodity exchange. The commodity is largely being demanded for industrial applications and is always an active and consistent commodity to rely upon. What makes the metal even more special is its liquidity. Above all, though silver is bought for retail consumption, the price volatility is still less compared to gold.