Keyword Analysis & Research: price of gold silver

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Frequently Asked Questions

What is the value of gold vs Silver?

Silver is less valuable compared to gold. Silver is heavier than gold. The idea is, why carry 60 ounces silver when you can carry one ounce of gold. However, silver is still very profitable, 55 pounds of silver can be worth up to $4,500. Another difference is silver tarnishes, while gold does not.

Does silver cost more than gold?

The commonly accepted reasons why gold is more expensive than silver , despite its relative abundance, are that gold is more widely used in jewelry, gold is seen as more of an "alternative currency" than silver, and gold is in higher demand by both central banks and individual investors than silver.

Is silver better than gold?

Silver has more applications than gold. The second reason that makes silver a better investment than gold is that silver has more industrial applications than gold—the industrial applications of silver adds to its demand. Silver is reflective, thermally conducive, and electronically conducive.

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