5 Reasons for Adding Silver to Your Investment Portfolio
Silver could be the market-leading precious metal in 2023, with multiple catalysts set to push prices higher. We go into detail on five key reasons we Australian investors should add silver into their portfolios this year. Read this info in PDF version here. Outperformance in precious metal bull markets Silver tends to outperform gold in precious metal bull markets. This can be seen in the chart below, which shows the five largest precious metal bull markets of the last five decades. While gold prices more than doubled in these environments, silver rose by almost 500% on average. Source: LMBA, ABC Bullion The best precious metal to hedge inflation In high inflation environments, gold has delivered average annual gains of 15%. For silver, the number is 18% per annum, with protection against rising prices a key reason to include silver in a portfolio. Correlation to the rising stock market Silver has varied sources of industrial demand. This means silver often per...