Is Gold More Valuable than Silver?

Which is more valuable, gold or silver? If value is measured in terms of dollars per ounce, gold, at about 900 dollars per ounce worth about 70 times as much as silver, which is currently selling for 13 dollars per ounce. In terms of use value, gold is like a brain surgeon and sliver is like a handy man. Gold has few uses compared to sliver, but when gold is needed, there are few substitutes. The primary use of gold is in jewelry. Gold is displayed in jewelry throughout the world and in the form of medals and awards. Gold is used as a store of value.

Gold bars are used to support the currencies of the world. Gold is used in electronics and computers where electronic connectivity and durability are required. Gold is used in dentistry for filling teeth and making crowns. It is used in medicine to treat certain diseases. Gold is used in the electronics of space vehicles. Gold leaf is used to cover parts of buildings. Gold is used in glass making.

Silver is the handyman of precious metals. Silver is used as a store of value. Silver is used in table ware and jewelry. Silver is a key element in photography. In photography, there is no substitute for it. Silver is used in small batteries. It is used to coat bearings in parts of engines. It is used as a solder to join pieces of metal. It is used as a catalyst for important chemical reactions. Silver is used in electronic circuitry. It has anti-bacterial properties and thus is used to in medicine to fight diseases. It is used in mirrors for its reflective properties. It is used to make photo-electric cells. It is used in water purification. Silver is a significant part of our daily lives.