Which Is More Valuable: Gold Or Silver?

Gold has always been worth more throughout history because of its appearance and difficulty to obtain from the earth in a very pure form. Industrially speaking, it is used to protect surfaces and items from weather and sunlight. In dentistry and medicine, gold is of a special importance. Gold is used in electronics because of its conductive properties. Its use, of course, must come also with its high cost. These qualities make gold very valuable worldwide.

Overall, silver is worth more than gold for its wider industrial use and greater demand. It also is used in dentistry for quick tooth repair and in medical formulas as a disinfectant. Silver for photographic uses in making films and other light sensing imaging is still very much in demand. Silver is also used increasingly more in making lighter and more powerful batteries to reduce the use of lead and other heavy metals. Electronic applications and other industries are continually increasing the use of silver.

The price for silver is about 50 times less than gold, but is more scarce and difficult to refine. Silver is also more likely to be found in natural ore deposits mixed with many other metals. Often silver is a minor byproduct of other metals during the mining process.

Presently, the inventories of silver are at its lowest levels since the early 1800s and our government has sold most of its stock pile of silver to various industries. As a result, the sources have fallen extremely short of its demand. With the true value of silver now more evident, we will likely see a noticeable increase in price and worth.