It appears that currently gold has attracted the entire spotlight in the investment arena. Its best counterpart, silver, appears to have taken a smaller role as a metal of the investment. Throughout ancient times and civilizations, silver has remained a very popular storage of value and a good medium of the exchange. The Greeks have been using silver to mint their coins. It is a fact that these kind of silver coins were widely circulated till 1965 and many silver certificates were also easily exchangeable in the precious metal.

It is a fact that silver is used widely in many industrial and manufacturing processes. Now at this moment, silver has emerged as a prime metal which is even traded in all the financial markets of the world. As market has increased, the ETFs and futures have had a great impact. This has resulted in speculators participating in the price movements of the silver. This now amply shows that this metal indeed has great importance and in a free market its price would be much higher than what it actually appears to be.

The silver has continuously been on bull from 2003 onwards due to steady and increasing demand form manufacturers and investors alike. This is happening at a time when new discoveries and current supplies are dwindling. This has been seen by an increased requirement of the silver SLV and ETF which has resulted in the issuance of fresh shares of custodians who must buy the same quantity of silver as security. The result has been increasing silver demand and the prices. Most investors are hopeful that this trend would continue as economy comes face to face with the fresh challenges.

The situation where scrap silver has suddenly gained prominence and has become valuable is sign of the present situation of the silver market. Both, for the wealth protection and the capital appreciation, investment in the silver and gold appear to be a great choice. Fundamental and technical factors point to these being good times for making the investment in silver and gold.