Is silver the new gold for investors?

Silver, often called 'poor man's gold,' has delivered an eye-catching year-to-date return of nearly 30 per cent, outpacing gold's 24.63 per cent, as of November 3, 2024. These numbers might tempt you to jump on the silver bandwagon. But before you decide, consider the below two questions. 1. Which metal offers better returns? For most investors, precious metals act as a safety net—a hedge—against market volatility. We typically want this portion of our portfolio to offer stability and protect our wealth rather than giving wild returns. Silver has shown a wider range of returns in any five-year period from November 2019 to November 2024, swinging from -2 per cent to as high

This article was originally published on November 07, 2024.