Silver Worth More Than Gold?

The investors in today's economy are looking at both gold and silver as investments because they are considered hard assets. The value of gold per ounce is much higher than silver. As of February 12th, 2009, the value of gold per ounce is $938.70 per ounce and silver is $13.39 an ounce.

One of the reasons that gold is considered more valuable than silver is because gold is very hard to counterfeit. Another reason is that silver tarnishes whereas gold does not. Also, there is more gold above ground than silver, making it easier to mine. There is more gold available to invest in than silver.

Another factor that makes gold worth more than silver is the stock market. When the stock market is in a downward cycle like it is now, people and businesses feel more comfortable with investing in gold.

For silver to gain on gold would take either an increase in demand by investors or a quick turn around in our economy which would lead to an upward trend in confidence for investors. With the condition of our economy today and the loss of jobs and a poor housing market, gold seams to be the much better investment.

For the person who does not have a lot of extra money to invest, silver is a good investment. Both gold and silver will have value for a long period of time and once the economy recovers silver will increase in value at a faster rate than gold.