Gold or Silver - which one should you buy this Diwali?
Every Diwali Indians shop for gold and silver as an investment to ring in prosperity.
Gold jewellery has always been a prefered option - as people associate it with wealth creation
Silver is also considered a safe-haven and a means to create wealth. Many invest in it for portfolio diversification.
Gold prices are higher than silver, making the latter more affordable than gold.
Silver is denser than gold and requires more storage space, which becomes an issue while investing in silver.
Gold & silver are highly liquid and can be easily bought/sold but gold enjoys better liquidity than silver due to its high demand.
In Gold v/s silver debate - gold has an edge as it offers better returns and acts as a hedge against inflation.
SHOULD YOU INVEST IN GOLD DURING RISING INFLATION?
Find out how gold can be a hedge against inflation