By Admin 
Investment in Silver: Silver prices have surprised investors. Recently, silver has crossed the level of Rs 3 lakh per kg and there is a huge discussion about it in the market. What was considered slow metal till some time ago, has now become the new face of fast metal. Factors like industrial demand, green energy sector together have taken silver to new heights.
In such a situation, the biggest question in the mind of a normal investor is whether it will still be right to invest money in silver or whether this level can prove to be risky. Because when someone creates an asset record. So there are opportunities as well as dangers in it. This is why the opinion of experts and investors becomes most important at this time. Know whether this is the right time to invest money in silver or not?
Due to this reason silver prices increased
The current rise in silver is not just due to jewelery demand. The main reason for this is industrial use. Silver consumption is continuously increasing in sectors like solar panels, electric vehicles, semiconductors and medical equipment. Along with this, the policies of Central Banks around the world and fluctuations in the dollar are also supporting precious metals. Whenever uncertainty increases in the global economy.
Along with gold, investors also increasingly turn towards silver. New mining is slow on the supply side. While the demand is continuously going up. This gap is pushing the prices. Many commodity analysts believe that silver is no longer just the poor man’s gold. Rather, technology has become metal and this is the reason for the increase in its prices.
Is there still an investment opportunity?
After crossing Rs 3 lakh, many investors are feeling that it is too late. But the market’s thinking is a little different from this. Experienced investors believe that silver still has long-term potential, especially for those who want to invest gradually. Experts are advising SIP or staggered investment instead of investing huge amount in lump sum. Due to which the effect of volatility is reduced.
However, it is also being clearly said that patience is very important while purchasing at such a height. Correction can come from profit booking in the short term. But investors who can take time of 3 to 5 years. For them, silver is still considered a strong option for portfolio diversification. This means that you can still invest in silver. But keeping all aspects in mind.
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