Gold Vs Silver
Gold and Silver differ from each other in several key aspects, so here we will discuss specific differences and point out the advantages and disadvantages of owning each of these two Precious Metals. Topics to consider include price as well as the price ratio between the two, liquidity and storage needs.
THE SPOT PRICES OF GOLD AND SILVER
Gold and Silver prices fluctuate, so the best way to get a general idea of the current value of these metals is to review their prices over a period of months and years. APMEX has excellent up-to-the-minute and historical price charts that are fully interactive. Using them is a great way to understand the movement of the Precious Metals markets for the past few months or the past few decades. A cursory look can show you that while the price of Gold fluctuates, it has enjoyed a long upward trend. Silver has followed a similar pattern, ranging in price month to month, but generally showing upward growth over time.
Gold and Silver both provide their owners with extremely liquid assets, viewed as a valuable commodity worldwide, and even accepted as currency in certain circumstances. Investors can buy physical Gold and Silver online any time, day or night. If you wish to make changes in your holdings, you can sell Precious Metals back to most online retailers. The Gold and Silver markets make your Precious Metals investments pretty much as liquid as any investment can be, so you never have to worry about supply shortages or being “stuck” with an item.
In the matters of storage and transport, Gold presents fewer challenges than Silver. Gold bears much, much higher cash value per ounce than Silver, so you can hold a greater monetary investment into a same-sized safe or shipping container. Not only is Gold worth significantly more per ounce than Silver, but it is also denser of the two metals, so Gold is the greater value by volume, too. It is easy to store $10,000 worth of Gold, whereas storing $10,000 worth of Silver at home may require some planning.