It has not been a year since the downfall of silver, yet investors are eagerly making investments in silver. Silver coins are selling way too fast than gold coins. Analysts suggest that silver investment could produce way more profits than gold in the months ahead. Sales for silver coins were already perking up even before the stimulus given by the US Federal Reserve to precious metals. The investors seem undaunted by the volatility of silver prices last year. Currently, silver coins seem way too popular than gold coins.
Investors are now more interested in silver hedge funds. Although January promises strong sales, the silver coins have been sold way beyond expectations. Investors are now more comfortable while making investments in silver. The high volatility attracts investors in some cases.
Not only are new investors opting for silver, but old investors for gold are also opting for investments in silver.