Silver
Silver Returns vs S&P
-10.30%
Versus S&P
•
an hour ago
-10.30%
Versus S&P
•
an hour ago
6m High
6m Low
Silver
$24.49
$16.97
S&P 500
4,631.60
3,666.77
Silver
S&P 500
Does not follow the stock market
Sources: SLV, SPX
May provide a hedge against inflation
Adds diversification to your portfolio
Offers a less expensive way to invest in a precious metal
Reasons to Invest
Explore Silver platforms now
Highlights
Good For
Hedge inflation + add diversification
Time Horizon
6-36 months
Diversification
Environmentally Friendly
Silver can be a way to add an element of diversification to your portfolio, thanks to its fairly weak positive correlation with traditional assets like stocks and bonds. It can also offer a hedge against inflation, due to the fact that it's a physical asset with an intrinsic worth, unlike dollars or other currencies. However, because silver is also an industrial metal, its value is heavily influenced by shifts in the global economy, making it susceptible to price volatility. Silver prices have been found to be twice as volatile as those of gold dating back to 1996 as measured by standard deviation. While this volatility can offer the potential for sizable short-term gains, it increases the downside risk and doesn't make silver great as a long-term growth asset.
Volatile but can be good for short-term gains
-0.8%
Avg Annual Returns
Past 10 years
Ways to Invest
Want to keep it traditional?
Check out Silver in the stock market
Compare Commodities Returns
Risk Score
6M Growth
Silver
SLV
Gold
IAU
Risk Analysis
Become a Member
for Free to Unlock Access
Risk Analysis
As of 08/02/2022
Compared to
Silver
S&P 500
To offer a snapshot of silver's volatility during the pandemic, in 2020, future prices rose by more than 47%, settling at $29.418 on February 1, 2021, which was the metal's highest value since February 2013. But then, prices took a big dip, eventually settling at $21.485 an ounce on Sept. 29, 2021, marking silver’s lowest value since July 2020. Because of this volatility, experts don't recommend silver as a long-term investment.
Performance During a Recession
Become a Member
for Free to Unlock Access
Performance During a Recession
Silver can serve as a hedge against inflation and as a store of value during an economic downturn, but it does not do so to the same degree as gold. This is because while silver is a financial asset, it is also an industrial metal. Its heavy industrial usage makes it more closely tied to the global economy, causing it to be more prone to price volatility and more likely to decline in value when demand drops off due to a slowing economy. Indeed, the gold-silver ratio (how many ounces of silver can be bought with an ounce of gold) has historically been high during times of economic crisis and market recession.
Drawbacks
Become a Member
for Free to Unlock Access
Potential for high price volatility
Vulnerable to shifts in technology
More sensitive to economic slowdowns
Drawbacks
Not the right asset for you?
Compare Asset Classes
Become a Member
for Free to Unlock Access
Compare Asset Classes
Asset Name
Risk Score
Oil
26+39.0%Wine
35+32.5%Sports Cards
27+25.3%Residential Real Estate
12+24.9%
How You’re Taxed
Become a Member
for Free to Unlock Access
How You’re Taxed
Capital Gains
Holdings in precious metals like silver are generally subject to capital gains tax. As far as what rate applies, the IRS classifies silver as collectibles, meaning the collectibles capital gains tax rate of up to 28% may apply to both physical silver holdings and silver ETFs. However, this would only apply if you sold your silver holdings at a gain, with the rate also depending on how long the asset was held, among other factors.
In the News
mone...
•
41 days ago
mone...
•
62 days ago
mone...
•
123 days ago
mone...
•
140 days ago
Did You Know?
First used as a currency in 700 B.C., silver has had a role as a trading metal in almost every culture both ancient and modern.
Silver is used across a vast range of industries and is part of almost every computer, cell phone, car and appliance.
Over half of silver's demand comes from tech and industrial uses, with the rest coming from investors.