Five Reasons why Silver is the New Black

Five Reasons why Silver is the New Black By Alban Guillemot of Gold Bullion Australia

Silver has become an essential part of various industries ranging from automobile, electronics, to jewellery, and more. Additionally, from an investment perspective, it has become an eye candy. Investors are looking forward to safer ways of increasing their short-term gains but silver might rise as an investment resource for long-term gains as well. Is silver the new black? Probably yes, and here is why.

• Increasing Commercial Interest in Silver

Gold is a primary investment resource in commercial and private sector. However, commercial sector like banks and corporate elites are purchasing silver. When they purchase it to their fill, the prices of silver will increase,...