Investment Silver

Why save in silver?

Investment silver is, next to investment gold, one of the most popular assets for savings among people looking for long-term security and protection of savings against high inflation. Although it is less popular compared to gold, silver also retains its value for a longer period of time, which is why more and more investors are choosing this precious metal.

Advantages of investing in investment silver

The main advantage of buying silver is its relatively low price compared to gold, which makes it available and suitable for various purposes – savings, gifts or collecting (individual coins). Silver is therefore an excellent choice for anyone who is just starting to invest in precious metals.

The lower price of silver brings an additional advantage – easier distribution of investments. This is important because it allows us to turn part of the portfolio into money in smaller amounts, instead of selling a larger and more expensive product at once.

For example, buying 30 silver coins of one fine ounce each provides more divisible than a one kilogram silver bullion, even though it is the same total amount of investment silver.

Silver is a limited resource vital to almost all industries, not just jewelry and technology. Over 50% of annual silver production is used for industrial purposes, with more than 10,000 different uses – ranking it just behind oil in terms of usage.

It is easier to list the sectors in which silver is not used than those in which it is represented – the world as we know it is hard to imagine without this metal.

Guaranteed and increasing demand, along with stable price growth, are the main reasons why investors perceive silver as a reliable long-term investment (in the last twenty years, the price of silver in euros has increased six times).

Silver: the metal of the past and the future

The white metal has been used as money throughout human history, including in our country after Liberation. Investment silver coins still retain that function today, as they are legal tender with nominal value in the countries of origin.

During the last centuries, the price ratio of gold and silver was about 15:1. In 1717, the great scientist Isaac Newton, then Director of the Mint in London, fixed the exchange rate of these two metals at 15.5:1 – meaning that 15.5 fine ounces of silver were equal to one ounce of gold.

The last time this ratio was recorded was on January 8, 1980. Since then, there has been a significant change, so today’s average ratio is about 60:1. That is why many analysts believe that the price of silver is undervalued today and that this metal has great growth potential in the future.

What should you know when investing in silver?

The silver bars and coins offered by Tavex are made of pure silver (purity .999) and represent a world-renowned and highly liquid investment. This means that they can be sold almost anywhere in the world at a price known in advance. At Tavex, we update prices every 15 to be as close as possible to the world spot price of silver in euros.

Unlike investment gold, silver bars and coins in Serbia are subject to value added tax (VAT). Therefore, our recommendation is that if you are able, you buy silver products as a legal entity that is subject to VAT, in order to obtain a VAT refund during the sale.

Storage and Protection of Silver Bullion and Coins

Silver is a soft metal, so it is recommended to store silver products in the protective capsule in which they are delivered. We also advise you to only touch them with gloves, as well as to protect them from shocks and drops – damage can reduce their value at the time of purchase.