Is silver a good investment?


Quick Answer

While the price of silver at any given time impacts its value as an investment, silver in general has some pros relative to other investments, reports MoneyWeek. Silver is especially volatile, which means it has the potential for fast, strong returns, or fast and sharp declines.

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Is silver a good investment?
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Full Answer

November and September are historically the first and second best months to invest and silver and see gains, according to MoneyWeek. Drying up of China's silver supply as of 2014 may contribute to increased value of silver based on supply and demand. Silver is also increasingly used in product manufacturing as of 2015, making for high demand and value. The volatile price action and uncertainty are key concerns with silver investment.

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