Gold has been the traditional go-to for investors seeking the financial safe haven of hard assets, but silver is gaining ground due its rising role in industry.
Today, more than half of the silver mined is used for industrial applications like medical and dental equipment, electronics, solar panels, and more. This growing demand combined with its relatively low price make silver an attractive investment for those looking to get into the precious metals market.
Another benefit of silver is that its price volatility makes it possible to earn short-term profits. If you play the market right, you can see quick returns in a short amount of time.
This buying guide explains how to get into the silver market: the best place to buy silver, the pros and cons of different types of dealers, what to look for (and look out for) when investing, and more.