Why Silver suddenly becoming so expensive, and should you be investing in Silver right now ? But here is the catch. The reason for the increase in prices is because of industrial uses such as in EVs, 5g, hydro power, limited recycling, and inflation as well. And if we look at stats, silver has risen in value by 30%, and 1kg is close to 1 lakh rupees in price in India today. In fact, it has given the return of more than Gold in the past 3 years of more than 20% per annum, also beating the stock market. And if you want to invest in silver instead of buying physical silver, buy silver ETFs instead as there are no making charges and also no difficulty in storing. Share the value with someone who may need it.
Download the medial app to read full posts, comements and news.