An Element of Change
As we edge toward a post-pandemic world, we are willing to explore alternate options to secure our future. Today we are at a juncture where the almighty white metal, "silver," is the asset of choice for wise investors. Whether it is medicinal or ornamental, silver’s scintillating appearance has been treasured by myriad of cultures and generations. It possesses a number of desirable qualities that entice investors. Furthermore, the appropriate blend of affordability and distinctiveness makes it a suitable investment for affluent households who appreciate value. For example, its great ductility and malleability make it a useful metal in any sector. In addition, because of its consistent demand, ease of storage, low cost, and lucrative returns, traditional Indian middle-class households can afford the new age gold. For decades the Indian farmers claimed silver as their currency. The metal was extensively purchased by the farmers as it illustrated their wealth and was often encashed to obtain crops.
In the past few years, the inclination towards silver has soared up, evidently owing to the availability of multiple instruments in the market, which eases the process of buying silver. The majority of silver used in India is imported, and payment is made in US dollars. The multifaceted features resulting in high demand for silver make it a relatively safe investment. To ease up your investment process and grow your wealth, we have compiled and listed below a variety of investment forms.
Physical Metals Unlike stocks and bonds, silver can be purchased as physical assets in the form of coins or bars. The bullion requires secure storage, which is often carried out by the companies selling this physical metal by charging a fee for a safety deposit box or some other arrangement.
Exchange-Traded Funds With the onset of digitalisation, ETFs have witnessed a boom as investors can own the metal without having the responsibility of storing a physical asset. The ETFs are held in trust by the fund manager or custodian, which results in greater liquidity, readily traded, and easy access for individuals than the futures markets. Examples of popular silver ETFs include the iShares Silver Trust (SLV), Global X Silver Miners ETF (SIL), etc.
Mining Stocks and Funds If you’re looking for a more speculative way to invest in silver, you can consider buying shares of companies that mine for silver or mutual funds that hold portfolios of these miners. This indirect investment method has the possibility of idiosyncratic performance and fluctuating prices. This is a risky investment, as the increase in stock price is linked to the success of a mining company. However, a large profit opportunity is foreseen depending upon how well the company is performing.
Futures contracts If you are a gambler, future contracts are your partner in crime! It is an agreement to buy or sell silver at a certain price at a future date. Due to the drastic fluctuation in prices, it makes it a risky investment. However, if you like to test the waters and believe in your strong future, a future contract could be a good way to make a profit.
The Silver Lining However, if you're an investor trying to diversify your portfolio, silver's flexibility, along with a diverse selection of investment possibilities, makes it a safe and secure investment. But, Are you willing to invest in something concealed in a locker/behind digital displays or in a substantial product that serves as a secure investment and signifies your wealth and prosperity? If you have the acumen to foresee the future, you know that investing in sterling silver is a safe haven in times of economic turmoil in comparison with other options.
This new-age gold is very versatile and timeless. The 925 sterling silver is highly durable, easy to maintain, versatile, and comes with a plethora of options. Whether you’re a jewellery enthusiast or an aesthete, House of Reina has got you covered with its large assortment of sterling silver products, which are truly a perfect choice for future investment. So, it's time to say goodbye to traditional investment methods and start investing in things that will ensure your security in the coming years. Stay tuned to see the everlasting pieces that can be adorned for a lifetime and have a high future value as heirlooms!