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Silver Investments

by Ali Canbaz
Silver Investments

Gold and silver are traded and valued as inseparable pairs among precious metals. While gold remains the most sought-after investment vehicle globally, silver continues to enhance its value as an alternative metal with its usage in various fields where gold is employed.

Just as the diversity of products and applications for gold increases day by day due to its popularity, the same applies to silver.

Nowadays, not only well-established silver jewelry stores but also numismatic areas witness a growing variety of silver coins and commemorative pieces.

Especially in environments where investors seek alternatives to gold or aim to diversify their investments, there are numerous alternative silver products available.

Silver products are primarily divided into two categories based on purity, 999 and 999.9, while in the jewelry sector, they specialize in 925-carat purity.

Investment-grade silver products are available in ingot format as well as in granules in special packaging.

Based on purchasing purposes, they are mainly categorized into three categories.

While investment products are the most preferred by buyers, they are followed by gift and collectible items.

Especially in recent years, some well-known individuals, actions, events, figures, fictional characters, historical figures, etc., are designed as commemorative coins worldwide and offered to collectors with limited production by manufacturers, adding value to their collections.

Of course, the price trend of silver over the years is also crucial. For this purpose, you can see the price trends of gold and silver as of May between 2021 and 2024 in the table below.

       

 

silver Gr/TL

% change

3 year change%

2021

7,82

 

 

2022

11,8

51%

 

2023

17,12

45%

 

2024

33,56

96%

329,16%

       

 

Gold Gr/TL

% change

3 year change%

2021

525

 

 

2022

975

86%

 

2023

1392

43%

 

2024

2459

77%

368,38%

 

As seen, while gold appreciated by a total of 368.38% over the last three years, silver also found value in almost the same order, reaching 329.16%, proving to be an alternative to gold.

All the mentioned product groups can be found on www.agakulche.com, a trading site offering a rich variety of silver and gold alternatives.

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