Both silver and gold can function as safe haven assets, but gold tends to have a better track record over longer periods of time. That said, in shorter periods, the specific dynamics of each market end up being more important for their respective returns. Regardless of the asset you buy, remember that neither asset generates cash flow, so the best thing for long-term investors would be to take a buy-and-hold approach with a profitable and growing portfolio of stocks. For those looking to transfer IRA into gold, bullion coins are a great option.
While short-term fluctuations in gold prices receive much attention, gold is relatively stable as a long-term investment. While short-term fluctuations in the price of gold tend to receive a lot of attention, gold is relatively stable as a long-term investment compared to silver. Demand for gold and silver comes from different sources, with gold being primarily an investment asset and silver an industrial asset. While silver and gold have similar boom-bust cycles, there are some key differences to consider when choosing between buying gold, and conversely, the key advantage of buying physical gold (such as ingots and coins) is that you own the gold. While gold and silver have similar boom-bust cycles, there are some key differences to consider when deciding whether to invest in gold or while both gold and silver have attractive features, gold is the best investment for the average investor in precious metals.
You can easily see that, in percentage terms, silver rises much more than gold in bull markets and falls much more than gold in bear markets.