Now Reading: Gold offers better risk-reward than silver: Mirae Asset
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Gold offers better risk-reward than silver: Mirae Asset
Mirae Asset Mutual Fund says gold currently has a more favourable risk-reward profile than silver. Central banks bought 289 tonnes of gold in the June quarter, a 62% year-on-year jump, with the…
The Story in Brief
Mirae Asset Mutual Fund says gold currently has a more favourable risk-reward profile than silver. Central banks bought 289 tonnes of gold in the June quarter, a 62% year-on-year jump, with the RBI also adding to reserves. The World Gold Council survey shows 89% of reserve managers expect global gold reserves to rise.
Silver remains in supply deficit for the sixth straight year in 2026, with a projected shortfall of 46.3 million ounces. Indian silver premiums have jumped to $3-$4 per ounce due to import restrictions. Gold rose to Rs 13,287 per gram on August 7, while silver reached Rs 1.33 crore per kg. Mirae Asset recommends a staggered investment approach for long-term investors.
The Indian Opinion
The gold-versus-silver debate often ignores volatility. Silver's industrial link and supply deficit make it a strong performer, but its price swings are sharper, as Business Today's data shows. The lazy narrative that gold is only for conservative savers overlooks its role as a hedge against currency moves and geopolitical risk. The real test: will the US Federal Reserve keep rates high, or will central bank buying continue to be the dominant driver? Watch gold's response to the next Fed meeting.
Sources (2): businesstoday.in, businesstoday.in (2)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
