{"id":186343,"date":"2023-12-05T05:27:35","date_gmt":"2023-12-05T05:27:35","guid":{"rendered":"https:\/\/indiansapidnews.com\/?p=186343"},"modified":"2023-12-05T05:27:35","modified_gmt":"2023-12-05T05:27:35","slug":"want-to-invest-in-silver-read-this","status":"publish","type":"post","link":"https:\/\/indiansapidnews.com\/celebrity\/want-to-invest-in-silver-read-this\/","title":{"rendered":"Want To Invest In Silver? Read This"},"content":{"rendered":"

Investors may take a 5 to 10 per cent exposure to silver.
‘Have a long-term investment horizon when investing in silver ETFs to ride out short-term market fluctuations.’<\/strong><\/p>\n

Silver exchange-traded funds (ETFs) have given a category average return of 16.4 per cent over the past year, compared to 15.1 per cent by gold ETFs.<\/p>\n

Edelweiss Asset Management Company launched a silver ETF recently. Nine existing ETFs have assets under management (AUM) of Rs 2,845 crore.<\/p>\n

Investors need to understand the nature of this metal before including it in their portfolios.<\/p>\n

Rising industrial demand<\/strong><\/p>\n

Rising industrial demand is the key driver of the bullish trend in silver.<\/p>\n

“The main factors driving up the price of silver over the past year are geopolitical uncertainties and demand-supply gap over the past two years due to the thrust on green technologies such as electric vehicles, solar panels, and growing adoption of 5G technologies, all of which require silver as a primary component.<\/p>\n

“Demand for silver jewellery is also growing,” says A Balasubramanian, managing director and CEO, Aditya Birla Sun Life AMC.<\/p>\n

According to a report by the Silver Institute, global demand for silver rose 18 per cent last calendar year to a record high.<\/p>\n

The demand came from all major user segments: jewellers, industry, and buyers of silver bars and coins. There was a deficit of 237.7 million ounces in 2022 — a record high.<\/p>\n