Your Guide to Investing in Gold and Silver and its Benefits

There are different ways of investing in gold and silver. Other than buying gold and silver jewellery, buyers can consider buying gold and silver coins and bars for their higher return. Buyers will find many options in coins and bars, as they are available in different weights and purities. The highest purity is 99.99%. If you have a trading account you can even buy the precious metals in their dematerialised forms. You can trade gold and silver ETFs (Exchange Traded Funds) or buy e-Gold. Gold and silver futures are also available. You will need to buy it in contract forms and settle the contract once the period is over. It is a good idea to include gold and silver in your investment portfolio as it has many advantages.  

What Are the Benefits Investing in Gold and Silver?

The biggest advantage of investing in gold and silver is that the prices of the precious metals fluctuate. When the market is doing well, you can sell off your gold and silver bars to get good return. The best part is that you can avoid losses with gold and silver bars and coins and ETFs too. When the market is down, you can hold onto to your gold and silver or buy some more! It helps in hedging against inflation.

When buying gold or silver coins and bars in large quantities, you do not need to worry about its storage. The bank or the company stores it in lockers for safekeeping and you are provided with a certificate or advice slip.

Silver is very affordable and easily available. Due to this reason, there has been an increase in silver investments in the past years. It is available in different weights and you can buy according to your budget. Compared to gold, silver is cheaper and investing is easy. You end up having many silver coins, bars and jewellery so storage could be a problem. It is always advisable to keep it in a locker facility. Since gold is expensive, storage rarely is an issue.

Despite the dip in prices due to economic turmoil now and then, gold remains the preferred precious metal. Indian buyers prefer buying gold rather than silver. Turns out, it is a smart choice because, over the years, the depreciation in gold has been less. It has remained somewhat, a stable metal.

For a well balanced portfolio, it is advisable to include a mix of gold and silver investments. It diversifies your investments and also protects against sudden market falls.