why the silver price is going up and up day by day

not only silver i think. the huge raise price in metal is gold. it is good if you can invest in gold. it is safer and easy to re sell too. i am trying to invest some gold now

I don't understand the debate for buying silver by borrowing money on interest rate.its really not a good practice.the market,Tax,Demand and short supplies effects the price.it won't be worth to buy gold or silver by taking money on interest.you will end up with loss.I don't buy silvers..I invest in gold and always buy it with some extra fund I had for a month.

I intend to buy silver as and when I have extra money. I would not suggest that you buy silver with borrowed money though. It is also important that you know the avenues to sell off your silver and what's the buy-sell spread when purchasing silver.

Investment in precious metals is always beneficial and safe, particularly in India. So invest when you have money. Remember it is a liquid asset and can be converted to as and when you have a compelling need.

I read from Robert Kiyosaki's book that his theory is in the future silver will be more expensive than gold. That is becaue silver is being consumed becaause it is used in some computer parts while gold is just being hoarded and kept so that means the majority of whatever gold we had in the past is still here while silver is diminishing making it more rare.

Silver is used in every gadget from a cellphone to an Aircraft, its demand is touching the sky, may be that could be a reason its going high, I'm also planning to buy it but in india there are no funds available and i dont want to buy it physically.. so just looking for the options yet.. good luck for your investments ;)

Hi,not only silver,but almost prices of all noble metal are rising. You know,sometimes we are thinking of investing some money on them, but were drove away by the high prices. Then after some time, we found that we lost a good chance to invest, because the prices are higher now. I remember ten years before, the gold was only 80 rmb/gram, now it is up to 300rmb/gram. And the other day, i watched TV, it says so many people begin to invest on sapphire. And since there are less and less high quality sapphire in the world, their prices are expected to rise even higher. The most important reason that prices of all good are rising is that the inflation. Our paper money got much less value than before.

Hi yugasini, it's not worth to buy silver. It's not considered as so valuable metal. By mortgaging silver you may get little money. If you have enough money you can buy gold. In the currency market gold is considered as standard media of exchange. So you should give up the idea of buying silver.

These are precious metals that gets scarce day by day and as it gets scarce meaning its supplies lessen and as it lessens its demand gets higher, therefore its price increases.. its economics playing. supply and demand. just like with gold, it is now so scarce and its demand is high therefore its price is also so high.

Hi Yugasini, I tend to buy things when they are low priced. Right now Silver and Gold are riding high partly due to inflation and partly due to middle east crisis. We can never predict when inflation will be controlled, or middle east crisis would cease. As webearn has pointed out these things are supposed to be more liquid, but I am not too sure about it...About an year and a half ago, Professor had started a discussion in which I'd asked him to take Silver and Gold Exchange Traded Funds. Now, I am not too sure much of bounce is there in it. I mean a year and a half ago, the investment gave good return. Now you might get 15 to 18 percent... before inflation gets tamed. Your call...

Great idea. Hope you can make some money. Take care.