Both gold and silver are excellent investment options for almost any diversified portfolio. These assets are known to be large reserves of value, and they often experience price growth even in times of poor market conditions and economic uncertainty. The point here is that gold is not always a good investment. The best time to invest in almost any asset is when there is negative sentiment and the asset is cheap, which provides substantial upside potential when it returns to favor, as stated above.
With the instability of the economy and financial markets due to the coronavirus pandemic, there has been a renewed interest in precious metals such as silver. Like gold, silver has been on the rise since March. Precious metals can function as the ultimate alternative investment, thriving when other investments become unstable and decline.