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Silver's the new gold for your portfolio, can hit Rs 90,000 soon - RollingNotes' News

Gold

Silver's the new gold for your portfolio, can hit Rs 90,000 soon

Investors may want to add silver to their portfolios as the gold-silver ratio indicates a shift in preference to the cheaper metal, driven by recent rises in gold prices and increased industrial demand. Both gold and silver have risen about 11% so far in 2023, but analysts believe that the rally in silver prices could last longer given its wide industrial usage.

Apr 24, 2023 - 07:40

0 1

Silver's the new gold for your portfolio, can hit Rs 90,000 soon

Investors may want to add silver to their portfolios as the gold-silver ratio indicates a shift in preference to the cheaper metal, driven by recent rises in gold prices and increased industrial demand. Both gold and silver have risen about 11% so far in 2023, but analysts believe that the rally in silver prices could last longer given its wide industrial usage.