Fortune Telling Collection - Zodiac Guide - Which is more valuable, silver or gold?
Which is more valuable, silver or gold?
1. Gold has always been regarded as a symbol of wealth and power in human history, thus ensuring the long-term preservation of gold. The history of silver is not as long as that of gold, but it has gradually accumulated certain cultural value, and the historical value of silver is also constantly improving.
The gold reserves in the world are limited. The scarcity of gold determines that the value of gold is relatively stable, and gold is not easily disturbed by external factors. The output of silver is relatively large, and the supply is more easily affected by market demand and industrial application. .
In the period of financial crisis and economic instability, gold is usually regarded as a safe-haven asset. When market uncertainty increases, investors tend to transfer funds to gold to avoid risks. Silver is relatively weak in hedging and anti-inflation, and will become an investor's choice in times of economic recession or currency depreciation.
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