Why you Should Invest in Silver Now


In 2010, the National Spot Exchange Limited (NSEL) launched E-silver. This is 99.9 percent pure and is available in small denominations and its multiples. It can be stored in the demat account which removes the trouble of searching for a secure place to store the silver. An individual can easily opt for systematic investment plan (SIP) that will allow him to invest in e-silver through the online trading platform or through a broker. It will help one to benefit from the rupee cost averaging without tracking the markets frequently. SIP enables to build wealth over time and if one wishes to redeem it back, the NSEL will provide the same in a physical form.

Silver futures can be traded in the similar way as gold. The silver futures gives the advantage of powerful position and it avoids the chaos of delivery. One must compensate futures contract before the maturity date is reached.

There is something known as the silver exchange traded funds which is available in United States but not in India. So the individuals who is interested in the silver ETFs can invest their money in silver in United States. Investors can also buy stocks of silver mining companies that are listed on the Dow or Nasdaq.