Silver is an attractive investment because it’s cheaper than gold, it has industrial applications and silver retains its monetary value, comments Jeff Clark for Casey Research.
Silver is more volatile than gold, though. Its smaller market size makes it far more sensitive to shifts in demand. Any dips in global industrial output may constrain growth in silver prices, so have an exit strategy in place if this trend winds down.
For more information on silver, visit our silver category.
- iShares Silver Trust (NYSEArca: SLV)
- ETFS Physical Silver Shares (NYSEArca: SIVR)
Max Chen contributed to this article.