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Silver a better investment than gold this summer? Experts weigh in

General CBS News ✦ xCruzoAi 🇺🇸🇪🇸
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Silver a better investment than gold this summer? Experts weigh in
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Silver and gold are in focus this summer as gold has fallen after a late-2024 surge and silver drops sharply over the past month. The article notes gold prices have dropped “substantially” in recent months, amid factors including high interest rates, rising oil prices, and shifting Federal Reserve views, according to comments cited from Brett Elliott of APMEX. Silver has also declined, with the price per ounce down about 15% since mid-May. Elliott says silver is typically more volatile than gold, meaning faster and larger swings for investors monitoring daily prices. Still, Steve Azoury points to silver’s stronger performance over five years. Elliott cites a +156% five-year gain for silver versus +121% for gold, while also warning returns can vary across one-week versus one-month periods.

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