Not only is gold worth much more per ounce than silver, but it is also the denser of the two metals, making a specific volume of gold worth much more than an equal volume of silver. Investing in gold is a much more stable option and acts as a solid store of value. Gold prices tend to move at a slower pace, providing investors with a sense of security. At Morgan Stanley, we lead with exceptional ideas and provide deep insight into today's most critical issues.
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At Morgan Stanley, giving back is a core value that we live through lasting partnerships, community-based delivery and the participation of our best employees. We are also committed to technological innovation and rely on our technologists around the world to create secure, cutting-edge platforms for all our businesses. A career at Morgan Stanley means belonging to a culture driven by ideas that embraces new perspectives to solve complex problems. When it comes to investing in gold or silver, each has attributes that can make it a strategic investment but which one makes the most sense for your portfolio? What makes sense for your wallet? Half of all silver is used in heavy industry and high technology, including smartphones, tablets, car electrical systems, solar panel cells and many other products and applications. As a result, silver is more sensitive to economic changes than gold which has limited uses beyond jewelry and investment purposes. When economies take off, demand for silver tends to grow.
The price volatility of silver can be two or three times that of gold on a given day which can benefit traders but can also be a challenge when managing portfolio risk. Silver is much cheaper than gold making it more accessible to small retail investors who are just starting to create their portfolios. Holding bars and coins can have disadvantages as investors often pay a premium on the spot price of the metal due to manufacturing and distribution margins. Storage costs must also be considered as well as insurance costs if applicable. Contact your financial advisor at Morgan Stanley to determine how adding gold or silver to your portfolio could help you achieve your long-term financial goals. Diversification does not guarantee profits or protect against losses in a declining financial market. Physical precious metals are unregulated products that can experience price volatility in the short and long term.
The value of investments in precious metals may fluctuate depending on market conditions so if you sell in a declining market the price you receive may be lower than your original investment.
