Often Silver is seen as the lesser alternative to Gold, this idea is fast becoming old fashioned though as Silver is now being named as this year’s most valuable investment. Investors are now paying lots of attention to the soaring price of Silver which has outperformed Gold by far this year. Silver has jumped up 31% reaching a thirty year high.

According to the Telegraph newspaper the gold:silver ratio, i.e. the number of ounces of silver required to buy an ounce of Gold is now at under 50 for the first time in nearly a year.

Gold is now priced at around $131.7 in comparison silver costs around $22.11 per ounce currently, this gives a ratio of 59.6. Lots of experts are now announcing predictions that Silver will trade at 24$ in a year’s time.

The Telegraph newspaper do point out that the figure tends to historically settle at about 40 which suggests that Silver is actually being very undervalued at the moment compared to Gold and therefore it is set to rise again in the coming months and years.

With the value of paper currency being constantly devalued, investing in Gold or more importantly Silver is an excellent way of safe guarding your finances in the current economic hardship.

The price of Gold may have reached record highs yet the price of silver has reached a thirty year high, marking a noticeable difference. The cost of Gold has surged in response to the weakening US dollar which usually moves in the opposite way to precious metal.

The cost of silver had risen 31% this year which has outperformed all other precious metals.

With Christmas coming up it makes sense to invest in an antique or piece of jewellery made from Silver. Not only is Silver a very wearable metal but it is also very durable and can be cleaned to look brand new within minutes.

silver costume jewellery.silver fashion jewellery is available from Pearl and Butler.