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Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jörg Schulte +49 2983 974041

Gold or silver - that is not the question

(PresseBox) (Herisau, )
Gold is an internationally valued asset with a good history of growth. But silver also shines.

Israel's war with Hamas led to strong investor interest in gold and silver in October. Micro gold and silver futures contracts also saw an increase of 24% in October 2023 compared to October 2022. In the micro market, traders and investors who want to rely on lower price fluctuations can buy and sell gold and silver on the Chicago Mercantile Exchange (CME). Micro futures are available for many underlying assets, including stock indices, currencies and commodities. If investors want to enter the silver market, in addition to futures, funds and bars or coins, there are also shares that focus on silver and/or gold.

As one of the most precious metals, gold has had an appeal that investors can hardly resist since its beginnings. Silver, on the other hand, with its duality as a precious and industrial metal, provides just as much diversification in a portfolio as gold. It doesn't hurt to take a look at the price development of precious metals. At the beginning of March, the price of silver briefly fell below USD 20 per ounce, the lowest price so far in 2023. At the beginning of May, it was above USD 26. Silver has tested the USD 28 per ounce mark several times in recent years but was unable to break through.

The future of the silver price, perhaps above USD 30 per ounce or lower again in the wake of a recession, is something that experts cannot agree on. In any case, the onset of easing should boost the price of both gold and silver. Some analysts are talking about USD 3,000 per ounce of gold and USD 50 per ounce of silver. Be that as it may, stocks that combine silver or gold or both should be able to add value to a portfolio.

Vizsla Silver - https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ -, for example, owns the high-grade Panuco silver-gold project in Mexico. The infrastructure, including roads, permits, electricity and a skilled workforce, is excellent.

Discovery Silver - https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ - owns the Codero silver project in Mexico, which is one of the largest silver deposits in the world.

Current company information and press releases from Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ -) and Discovery Silver (- https://www.resource-capital.ch/en/companies/discovery-silver-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.