Silver proves to be an attractive investment opportunity for investors looking to strengthen and diversify their portfolios, says Silver’s Strategic Edge, a report from The Global Source citing Capitalight Research. With its low association with equities and bonds, silver differs from traditional assets and has reduced risk. In a time of enhanced uncertainty, silver is a reliable commodity.
“The increased fragility in the geopolitical environment along with the deteriorating government fiscal position enhance silver’s allure as an investment to hedge against inflation and currency devaluation,” says the report. “These underlying long-term factors have been building at a glacial speed for decades. However, eventually the underlying tectonic pressure starts to shift, which in the current environment is bullish for silver.”
The outlook for silver is strong, as the demand is expected to reach more than 1.2 billion ounces in 2024. Electronics, renewable
