Gold vs Silver: Experts Split on Precious Metal Performance
The debate over whether gold or silver offers better returns has resurfaced due to the sharp rally in precious metals. Most experts who spoke to CNBC-TV18 favor gold, citing its stability and long-term benefits.
However, some experts have expressed caution, highlighting that gold may not be the best performer in the short term. The silver price has been gaining momentum lately, with many analysts predicting it could outperform gold.
A recent report by IIFL Capital suggests that India's chemicals sector is expected to grow at a rate of 5-6% globally by FY30. This growth could have a positive impact on the demand for precious metals, particularly silver.