Why Invest in Gold or Silver ?

In this modern age Investing in gold and silver has many benefits.its the precious metal which is very limited so the demand in high n the production is low so the price will surely increase thus to invest in it is a safe task .  Another benefit is the wide range of industries wherewith these items are applied upon. Some of which includes monetary coinage, jewelry, arts, computers, electronics, space travel, medicine, dentistry, among many others.The precious metals like gold and silver are the backbone of an economy that depends on paper and credit as currency. Because of this, investing in gold stocks is absolutely a good idea for any investor.This may be attributed to the rising demand for these metals and the scarcity of supply attached to them.When it comes to precious metals, gold is without a doubt the most popular choice for investors. Gold and silver investments have been noted to remain constant or to even increase in value over trades and exchanges. When most currencies have fallen during the economic turmoil gold, silver, and other precious metals did not depreciate in value. In fact, they seem to be even increasing in value. If there are times that it would decrease, it is hardly ever noticeable. Besides, its value is based on the ups and downs of the economy and the stock market.
Investors purchase gold is as a way to hedge against the economy. If the dollar drops or the economy crashes, gold is going to be one of the few investments that weathers the storm, so to speak.   There are sources all over the world for important metals and minerals but the danger of mining such deposits and the costs involved makes them more expensive and valuable. The costs cover manpower, equipments, storage, and conversion into materials which can be used.