"On Wednesday, the 7th of January, silver prices saw a slight drop below $80/oz, breaking a three-day surge in prices, highlighting the volatility of the precious metals market. If you are willing to make a long-term investment, silver is a great starting point. Due to the substantial growth seen in the silver market over the past year, demand is likely to continue. However, it's worth noting that the silver market is more volatile than gold, so investors should anticipate price fluctuations and approach with patience."
"Similar to gold, investing in silver bars and coins can serve as an inflation hedge as well as a portfolio diversifier. The main difference between the two is that silver comes with higher volatility than gold, as there is a much higher industrial demand, a smaller market size, and in the UK is subject to 20% VAT." Factors like economic uncertainty and industrial demand cause silver prices to fluctuate constantly; however, silver is much more affordable than gold, making it within reach for smaller investors."
Silver has risen almost 160% since the start of 2025 and over 30% in the past month, driven by strong investor demand. Growing tensions between the USA and Venezuela have increased demand for safe-haven assets like silver. Prices remain volatile, as shown by a slight drop below $80/oz on 7 January that ended a three-day surge. Silver offers long-term investment potential, inflation-hedge properties, and portfolio diversification. Silver is more volatile than gold because of higher industrial demand, a smaller market size, and UK VAT, but its lower price point makes it accessible for smaller investors to gain bullion experience.
Read at London Business News | Londonlovesbusiness.com
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