Valuable article and beginner friendly. Love how Data Analytics plays an important role in planning investments and understanding average returns.
Getting rich in short periods is rare but advertised alot as golden opportunity, but turns out that our greed for more never lets us sell investment at right time and we end up with average returns which is what we should always look for for safety in long terms.
I am sharing the following info based on a report using 2019 data. While the data is a bit outdated, it gives you a perspective on their demand factors.
“In terms of demand dynamics, although silver is classified as a precious metal, over half of demand (55%) originated from industrial applications in 2019, compared to just 8% for gold.
The demand for gold is dominated by its role as a monetary asset and commodity. While 49% of gold supply was used for jewellery in 2019, forexample, jewellery accounted for only 26% of total demand for silver. And whereas investment demand for silver represented 19% of demand, 43% of demand from gold was for investment, of which 29% from private investors and 14% from central banks. An important development that has helped to support gold prices over the past two decades has been that central banks in emerging markets have been net buyers of gold since 2009. Conversely, central banks hold virtually no silver in their reserves.”
Thank you for the input🙏🙏..since the demand for solar energy is on rise I requested for the inputs from an expert, I guess one of the components for manufacturing panel is silver, hence in all probability demand may outpace supply..however looking at the chart probability of $38 visible..
Valuable article and beginner friendly. Love how Data Analytics plays an important role in planning investments and understanding average returns.
Getting rich in short periods is rare but advertised alot as golden opportunity, but turns out that our greed for more never lets us sell investment at right time and we end up with average returns which is what we should always look for for safety in long terms.
Well said, Yash!
It makes sense. Thanks for sharing Zerodha VA.
Thank you :)
Very valuable insights
Thank you, Dharmanandana :)
https://open.substack.com/pub/anantchaudhary/p/stocks-in-focus-21-company-moves?utm_source=share&utm_medium=android&r=qtq2s
Could you please highlight Demand and supply of both commodities..
Hi Jithu
I am sharing the following info based on a report using 2019 data. While the data is a bit outdated, it gives you a perspective on their demand factors.
“In terms of demand dynamics, although silver is classified as a precious metal, over half of demand (55%) originated from industrial applications in 2019, compared to just 8% for gold.
The demand for gold is dominated by its role as a monetary asset and commodity. While 49% of gold supply was used for jewellery in 2019, forexample, jewellery accounted for only 26% of total demand for silver. And whereas investment demand for silver represented 19% of demand, 43% of demand from gold was for investment, of which 29% from private investors and 14% from central banks. An important development that has helped to support gold prices over the past two decades has been that central banks in emerging markets have been net buyers of gold since 2009. Conversely, central banks hold virtually no silver in their reserves.”
Thank you for the input🙏🙏..since the demand for solar energy is on rise I requested for the inputs from an expert, I guess one of the components for manufacturing panel is silver, hence in all probability demand may outpace supply..however looking at the chart probability of $38 visible..