NEW DELHI : Silver has always been the second choice for consumers after the glitter of gold, but when it comes to investors the yellow metal is giving just about half the return compared to its whitish-grey cousin.
After outpacing gold's return of just about 14 per cent with over 30 per cent appreciation in 2007, silver is still maintaining a significant lead this year.
The average return from investment in silver has grown by about 18 per cent since January this year, as against about 12 per cent for gold in the same period, the experts said.
"Buoyed by industrial demand, silver prices are rising significantly in line with gold. In fact, volatility in white metal have been much higher than gold this year both in global as well as domestic market," brokerage firm Karvy Comtrade's Research Head Harish G said.
