Abhishek Vij
Over the past year, uncertain trade fluctuations, environmental pollution, and global warming have increased overall economic uncertainty. Such an increase creates significant anxiety for the average middle-class and senior citizens who rely solely on fixed incomes. It is estimated that only a small percentage of the country’s population receives a regular pension from the government treasury. Now, even that pension has been divided into two categories. The old pension is sufficient, while retired individuals do not consider the new pension sufficient.
While the Supreme Court maintains that pensions are not a favor but a payment to senior citizens for their service, which they receive in their old age. However, those suffering from unemployment, middle-class individuals, and senior citizens are now receiving lower pensions than before due to inflation. In such a situation, people seek assured financial security for their future. The markets for this economic security are the gold and silver markets and the stock market. 999.9 For the past three years, the economic markets have become uncertain due to the Russia-Ukraine war and the war between Hamas and Israel.
Trump intervened, seeking the welfare of Americans with his tariff policies, even if they pose difficulties for third-world countries. When economic security became uncertain, people began to return to their traditional customs. This is the market for gold, silver, and diamonds, which is beyond the reach of the common man. A strange phenomenon has been observed while purchasing gold and silver: the price of silver, which was far below gold, has suddenly risen.
Silver began rising last year at Rs 87,233 per kg and has now surpassed Rs 138,000. The price of gold has also increased. In no time, gold has increased by almost one and a half times since last year, surpassing Rs 1 lakh (Rs 113,000 per ten grams). Now that we’re done with the calculations, we find that silver’s attractiveness and its market performance surpassed all these factors.
This year, silver investments have yielded buyers a 49 percent return, while gold lagged behind with a 43.2 percent return. The Sensex and Nifty only achieved gains of 5.74 and 7.1 percent, respectively. Why Silver’s Gains Increased
The reason for this is that the world suddenly increased exploration in the solar sector, and major countries joined in this effort. Subsequently, the era of electric vehicles dawned, opening up the potential for silver’s use in these sectors. Furthermore, the demand for clean energy, controlling environmental pollution, solar power generation, and EV vehicles has increased, creating the potential for silver’s use in these sectors as well. In such an environment, silver demand is bound to increase. Investors believe that as these sectors develop, silver’s demand will also increase.
Investors investing in the silver market can reap profits, similar to those previously seen in gold purchases. It’s said that buying gold never results in a loss. Now, buying silver not only delivers a profit but also surpasses gold’s profit rate. As for gold, it seems that even better days are ahead, as the government has launched a campaign to boost investment by reducing prices through GST. However, if Mr. Trump controls his trade volatility with tariff wars, the stock market’s performance could improve.
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