Silver Prices Set to Soar? Jaane Silver Investment ka Sach!

OutlookIndia

Kya Silver ban sakta hai naya Gold? Motilal Oswal ki report ke hisaab se Silver ke bhav 1 lakh tak pahunchne ki sambhavna hai! Jaane Gold aur Silver ke price trends, future predictions aur best investment tips!

Transcript

00:00In 1915, I went to Gold-Silver, then once in the middle, almost there, but from there again.

00:12Now the silver is coming fast, the catch-up rally is coming towards gold.

00:15So I think gold will go up, but at the same time silver can be a better bet.

00:20According to well-known financial advisor Motilal Oswal, the price of silver can cross 1 lakh.

00:26So should we stop investing in gold and invest in silver?

00:35Welcome back to Nazariya Ki Nagariya.

00:38Today we are going to talk about everyone's precious silver.

00:42And we will find out if silver is the new gold.

00:45Gold has always been everyone's song, I mean favorite.

00:50Weddings, festivals, investments, everything.

00:54That's why gold is also called a store of value investment.

00:57Whereas silver is used in many industries like electronics, solar panels, etc.

01:03Its simple translation is that as the economy booms, industries will grow and so will the use of silver.

01:10Nirmala Sitharaman has dedicated 7000 crores for solar panels.

01:15That's why in India, especially, the demand for silver can increase.

01:19And recently, there has been a slight decline in gold prices.

01:23But the rate of silver is steadily increasing.

01:26Economists say that in 2024, the rate of silver can increase even more.

01:31However, the volatility of silver is twice that of gold.

01:34Because half of all silver is used in heavy industry.

01:37So, going up and down in the market can affect it.

01:40That means, by entering and exiting at the right time in silver, the profit can also increase.

01:46But there is also a risk.

01:48If you want to diversify, then gold is a better option.

01:52Because it doesn't have much industrial use.

01:55Now, let's talk about market trends.

01:57The price of gold has fluctuated a lot in the last month.

02:00Whereas, the price of silver is steadily increasing.

02:03Some experts predict that this growth is primarily due to industrial demand.

02:08Especially, in renewable energy sectors like solar panels.

02:13And by 2024, the price of silver will increase even more.

02:16Did you know?

02:17Gold and silver prices are affected by many factors.

02:21Let's break it down.

02:221. Transportation Cost

02:24Gold and silver are expensive to transport in cities.

02:28So, prices can vary in different cities.

02:312. Local Taxes

02:33Different cities have different tax rates which affect prices.

02:373. Market Conditions

02:39Demand and supply also impact prices.

02:42If demand is high, prices increase.

02:454. Global Economic Conditions

02:47Global events like economic stability and instability also affect prices.

02:52If I were to invest in this, I would definitely keep these tips in mind.

02:561. Diversify the Portfolio

02:58Instead of just one, it would be better to invest in both gold and silver.

03:022. Instead of buying physical silver, consider ETFs and mutual funds that invest in silver.

03:103. Keep an eye on market trends

03:12There are many ways to invest in silver.

03:15You can buy silver coins and bars or silver jewellery.

03:19If you don't want to hold physical silver, you can invest in ETFs or mutual funds.

03:25For example, silver ETFs like Nippon India and ETF Gold Bees

03:29offer a good way of investing without holding physical silver.

03:32So friends, I hope you found today's episode informative.

03:36Silver is definitely gaining ground as a valuable investment.

03:40Maybe in the coming days, silver will get equal respect as gold.

03:44What are your thoughts? Do let us know in the comments.

03:46And if you liked this video, don't forget to like, share and subscribe.

03:50See you in the next episode with more interesting topics.

03:53Till then, stay shiny!

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