Which one is better for getting quick returns keeping in mind the current scenario. Whether gold or silver?
Depends on the market scenario, view of the market and speculators, these days Silver is considered a safer investment then gold, but lets see how long it takes to change that view .
I also think the same way. Silver is giving good return as of now than investing in gold. Oh yes, thanks for giving tips about platinum investment.
But may be it is very safe in long run. If I want to get my money back in good return then may be silver is the best.
For me I think trading in gold for long term would be a better idea. For short term investments, Silver would be a better idea for me.
You should be careful while dealing with Platinum. Russian government-owned mining / metal trading companies (especially Gokhran) are still rumored to be having large stockpiles of platinum reserves, left over from the days of USSR. In case of any financial emergency, they will be tempted to clear them. It will crash the prices.
@ vest007. is the government planning to sell it now . or is it under discussion or it will come into market when russia has any emergency need. thx for the info though , will search more on russia.
To me, silver is the safest investment. It's always in demand and right now is rising. Gold however is steady and the experts say gold will never be higher than it is now.
Well the stock information is classified and is not readily available. No one knows exactly how much amount they are having in their stockpiles. And right now they are not selling their stock. During the 90s they sold a large part of their reserves, but I think a huge quantity still remains with them. They don't have any reason to sell the remaining stocks, but we can't predict the movement in case of something extra-ordinary happening in the global market.
Silver is best for getting return your investment so far. Reason......small investment small profit and small lose now a days many people getting lose in Gold trading... like Gold rates are low today and tomorrow we don't know high and too much low. i will prefer you to trade Silver this is also money making product. Thanks for understanding.
Silver has been somewhat volatile in recent months. It does create situations where you can achieve great returns on your investment (or, I should say speculation). That's only if you get lucky and time the market correctly. It can as easily go the other way. In the last month alone, silver has been down to the low $30s and back up above $40. If you buy in now, above $40, you need to wait until silver heads into record-setting territory to see a decent return. OTOH, if it goes back down into the lower $30s, you've lost your shirt.
Could you give us a target price for buying silver? I am a little bit confused right now. Gold prices are going up like anything. It is very likely that Silver will also follow the trend. But the problem is that Silver prices are already too high and investing at this time might be very risky. Please advice us, at which price we should go for silver. Thanks in advance.
i would prefer to take physical quantity, as trading involves margin money, physical buying is much safe. gold and silver both are good, grab them at the right time and good prices