SelectReserve CacheTv Open an Account
SelectReserve CacheTv Live Charts
Request More information on on gold, silver, coin, currency and learn about the value of mint and precious metals. We provide information on silver bullion and buying gold
Get on Board with RRSP & TFSA  - Invest in Physical Gold & Silver through your Cache Metals Account
Cache Metals Store - Browse through our Fabricated Bullion Products As Seen and Heard on AM640 and other Toronto Radio Stations
Click to Subscribe to Cache Metals Newsletter
Win a 1 OZ Gold MAple Leaf from Cache
Cache Metals Delivers the latest in business and metals market news.
 INDEX  >  Silver shines better than gold in market

Published by March 29.2010


| More

It has given a return of 24 per cent in last one year compared to gold's 16 per cent.

Silver has far surpassed gold as the most preferred investment option in the recent past. In the last one year, silver has given a return of 24 per cent compared to the yellow metal, which gave a 16 per cent return during the period.

On Friday, silver prices rose by Rs 107 to Rs 26,525 per kg in futures trade on fresh buying, in tandem with firming global trend indicating that investors expect the prices to go up further.

At the Multi Commodity Exchange (MCX), silver for July delivery rose by Rs 107, or 0.41 per cent, to Rs 26,525 per kg with an open interest of 1,346 lots. Similarly, May silver gained Rs 98, or 0.37 per cent to Rs 26,320 per kg in 14,945 lots.

Fresh buying activity after reports of firming trend in overseas markets helped silver prices to improve at the futures market.

Prashant Sarawgi, brand director, Episode, a company which specialises in silver jewellery, said, "Silver has been giving consistent returns for the last five years, which has also led to an increase in the demand for silver commodities."

"Silver offers a minimum return of 20 to 22 per cent as compared to gold. Also, the price of silver is quoted per kg while that of gold is per ten grams. Even if you wish to buy a decent gift in gold it would cost you anywhere between Rs 20,000 and Rs 25,000, while the same in silver could be bought for Rs 4,000 to 5,000," he said.

Sarawgi also pointed out that in the coming days, the demand for silver would continue to rise, in turn, giving consistent returns. "Silver products in India are not marketed well and hence many don't know about the returns that they offer," he said.

Suresh Hundia, president of the Bombay Bullion Association, added that while the demand for silver has gone up, it would increase further if a Silver Exchange Traded Fund (ETF) were to be launched.

"Mutual fund companies are not too enthusiastic about launching an ETF for silver as in the case of gold. People would love to invest in silver ETF and get good returns without having to hold on to it physically," Hundia added.

An ETF holds assets such as stocks, bonds or commodities and trades at approximately the same price as the net asset value (NAV) of its underlying assets over the course of the trading day.

Hundia also explained that Indians don't prefer to wear silver jewellery and buy it only as artifacts.

"The demand for gold increases when the prices come down.

During Diwali last year, the prices were at around Rs 15,800 levels.

Then the demand went up. Soon the prices zoomed to Rs 18,300 levels but subsequently the demand came down. In the month of December, when the price corrected to Rs 16,200 levels, imports also went up," he said.

A report published by the World Gold Council (WGC), a body funded by global miners, showed India's total import of gold in 2009 stood at 459 tonnes, the lowest since 1997. This was the first time in 13 years that India's annual gold imports fell below 500 tonnes indicating the lack of demand for the yellow metal due to its high prices.

Bright Spots:

At MCX, silver for July delivery rose by Rs 107, or 0.41 per cent, to Rs 26,525 per kg with an open interest of 1,346 lots.

Fresh buying activity after reports of firming trend in overseas markets helped silver prices to improve at the futures market.

Silver offers a minimum return of 20 to 22 per cent as compared to gold.

Silver has now become a more affordable option for gifts.

Experts feel, in the coming days, the demand for silver would continue to rise, in turn, giving consistent returns.

© 2010  Article Source
CALL 1-416-916-6660 and book an appointment with a Cache Metals Precious Metals Market specialists
© 2011 Cache Metals Inc.   |   International Bullion Wholesalers
Tel: 416.916.6660    Toll Free: 1.877.916.6670    Fax: 416.916.6702   [email protected]
ICTAICANN-Accredited Registrars Powered by ActiveTvNetworks     
As with all investments, the price of precious metals changes rapidly, and as such should be considered volatile. Upon entering the metals market, the risk of loss is solely that of the client. Only individuals who are capable of sustaining a capital loss should consider purchasing precious metals. Acquisitions in precious metals which are financed are considered high risk.
Active TV Networks - ATVN & Active TV powered this website. Visit Madcap Media Inc or and atvn for your niche web development needs, including CMS.
gold, silver, coin, currency, value, coins, mint, precious, buy gold, stock price, metals, gold price, gold silver, bullion, maple leaf, gold coins, silver dollar, gold prices, prices gold, gold and silver, gold coin, gold rate, gold bullion, gold live, bullion gold, silver coins, price of gold, silver price, buying gold, live price, gold bar, current price, silver bullion, bullion coins, bullion silver, bullion bars, spot gold, gold bars, gold spot, market price, silver prices, silver coin, sell gold, gold today, krugerrand, gold market, precious metals, metals precious, gold chart, price in gold, silver bars, precious metal, gold coins bullion, gold bullion coins, silver dollars, coin collecting, rare coins, gold rates, gold ounce, gold current, buy silver, silver bullion coins, silver coins bullion, gold value, silver bar, gold stock, gold kitco, silver spot, gold investment, platinum price, selling gold, gold etf, ounce price, gold price today, spot gold price, gold spot price, gold price india, gold price spot, gold trading, gold stocks, current gold price, copper metal, numismatics, troy ounce, gold price ounce, today gold prices, gold price in india, gold dealers, gold investing, gold index, gold price per ounce, gold price gram, krugerrands, gold quotes, gold futures, gold invest, gold charts, gold price chart, live gold prices,live gold price, bullion bar,how to buy gold, gold quote, krugerrand gold, buy gold coins, gold spot prices, spot gold prices, current gold prices, platinum prices, silver spot price, base metals, buy bullion, us gold coins, gold comex, gold price market, current price of gold, price for gold, the price of gold, price of gold today, gold and silver prices, price of gold per ounce, gold funds, gold market price, bullion coin, e bullion, buying silver, buy gold bullion, gold price history, bullion dealers, bullion market, gold bullion buy, gold bullion bar, silver investment, bullion price, silver gold price, gold coin prices, today's gold price, gold price oz, todays gold price, precious gold, iron metals, bullion direct, silver bullion bar, silver bar bullion, gold markets, kitco price, gold coin price, prices of gold, gold and price The History of Metals,Bullion - A better Alternative,Investments,Silver Bullion,Buy Silver Bullion,Bullion, Gold Information,Gold Investments, How To Invest In Gold , Precious Metal Investments, American Dollar, U.S. Economy, Information On American Economy, Investments In Gold And Silver, Investing In Silver, Dollar Devaluation, Devaluation Of The U.S. Dollar, Dollar Investments, Information About Gold, Global Economy, Global Economy History, Gold Bullion Buyers, Gold Bullion Sellers, Investing Information, Investment Kits, Gold Investors, Silver Investments, Silver Prices, Gold Prices, Gold And Silver Prices, Precious Metal Prices, Precious Metal Traiding, Investment Roll Papers, Investment Planning Papers, Precious Metals, Metals Price History, Daily Silver, Daily Gold, Daily Platinum, Register, Bullion Coins, Bullion Dealers, Bullion Investing, Bullion Investing Firms, Bullion Investments, Bullion Sales, Bullion Trading Sites, Buy And Sell Gold Bullion, Buy Bullion, Buy Gold Bullion Now, Buy Gold Bullion Online, Buy Gold Coin Bullion, Buying Gold Bullion, Buy Precious Metals, Current Gold Bullion Prices, Gold And Silver Bullion Coins, Gold And Silver Bullion Dealers, Gold And Silver Bullion Prices, Gold And Silver Coin Bullion, Gold And Silver Coins, Gold and Silver Investments, Gold Bullion Brokers, Gold Bullion Buyers,  Gold Bullion Sellers, Gold Bullion Stocks, Gold Coin Investing, Gold Coin Investments, Gold Info, Gold Information, Gold Investing, Gold Investments Kits, Gold Investments, Gold Investments Online, Gold Investors, Gold Market Prices, Gold Market Quotes, Gold Prices Information, Good Gold Investments, How To Invest In Gold, How To Invest In Silver, Invest In Bullion, Investing In Gold And Silver, Investing In Gold Bullion, Investing In Gold Coins, Investing In Silver, Investing In Silver Bullion, Investing In Silver Bullion Coins, Invest In Gold, Invest In Gold Bullion, Invest In Silver, Online Gold Investing, Investments In Gold, Precious Metal Dealers, Precious Metal Exchange, Precious Metal Investing, Precious Metal Market Quotes, Precious Metal Investments, Purchase Of Gold Bullion, Safe Gold Investments, Silver Bullion Coin, Silver Bullion Coin Investing, Silver Bullion Dealers, Silver Bullion Online, Silver Bullion Quotes, Silver Bullion Sales, Silver Coin Investing,Silver Bullion Dealers, Silver Coin Prices, Silver Bullion Market Information, Silver Bullion Online, Silver Bullion Price Guide, Silver Info, Silver Information, Silver Investment Kits, Silver Investments, Silver Investors, Silver Market Quotes, Silver Market Prices, Trading Gold, Trading Silver, USA Bullion Rates, Gold Bullion, US Gold Bullion, US Gold Bullion Coins, US Silver Bullion Coin, Where To Buy Gold Bullion, Why Invest In Silver Bullion
Cache Metals Inc - Home PageCacheMetals Statements Cache Metals Inc - About the Canadian Bullion Wholesaler Cache Metals Inc - Bullion Information on Gold Silver Platinum Cache Metals Inc - Register for an account today and start saving money Cache Metals Inc - Freqently Asked Questions about Bullions Cache Metals Inc - Contact Page