Tag Archive | "silver"

Investments Better Than Gold | Investment News & Analysis

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People generally consider Gold as the most safest, secured and highly profitable investments. It is a fact that Gold is very profitable but that is just not the limit. There are investments better than gold which can return more profit overnight or in longer term.

Since gold is now very expensive, currently standing at $1,222.91 which is not affordable for middle class investors or newbies. The extremes at which gold goes now is a 1.9% change.

Investment better than gold is no other than the sister of precious metal; “Silver”

Silver has this tendency of fluctuation and the reason behind is that the silver is not mined or manufactured any more. It is in very limited quantity around the world and no new silver is being discovered which makes it the real precious metal. Silver is used in many electronics and other devices and now the market of silver has risen rapidly which forecasts extreme demand of this metal in the coming time.

Silver moved from $17.42 to $18.40, a rise of $.98/oz., or 5.6% increase which is itself a major investment as compared to gold investments which only returned 1.9%. Financial analysts forecast that the silver will soon be an extremely rare metal and those who will have it would earn profits exceeding 30-35%.

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