what is the diffrence between gold and silver .what components does glod and er have in same
Answers
Answer:
similar: lusture, metalic character
difference: ductility,maleblity
Difference #1: The Silver Price is More Volatile
The total supply of new silver each year is close to 1 billion ounces. Annual gold supply is currently around 120 million ounces.
Difference #2: Silver is More Affordable
Difference #3: Silver Requires Much More
Storage Space
Difference #4: Silver Has Higher Industrial Use
Difference #5: Silver Stockpiles are Falling, Gold’s are Rising
Gold
Silver
Volatility
Less volatile than silver. Will fall less than silver in bear markets and rise less than silver in bull markets.
More volatile than gold. Will fall more than gold in bear markets and rise more in bull markets. Selling after big run-ups will be critical to investment success.
Affordability
One ounce costs 80 times more than one ounce of silver (at current prices). Can buy smaller denominations than one ounce but premiums are higher.
More affordable than gold, with similar benefits. Enables seller to meet small financial needs in the future. Cheaper for gift-giving.
Storage
Takes up less space than silver, is cheaper to store, and doesn’t tarnish.
Requires up to 128 times more storage space than gold, is more expensive to store, and will tarnish over time.
Industry
Only 12% of demand, and has little impact on price. A poor economy typically pushes investors into gold.
Comprises 56% of total supply. Health of economy can impact demand. Most industrial silver cannot be recovered.
Stockpiles
Central banks buy and hold a lot of gold.
Governments have only a very small stockpile of silver.