Best Gold and Silver Investment Trading App (2024)

FAQs

Which app is best for gold trading? ›

The easiest way to invest in gold and silver is to buy one or more exchange-traded funds (ETFs). The key advantage is that they are extremely liquid, and you can buy or sell them within your brokerage account. This allows for easy portfolio rebalancing and an inexpensive and hassle-free buying/selling process.

I'd stop investing in gold and silver completely. I don't put money in precious metals at all, because they have a lousy long-term track record. — Dave Ramsey is CEO of Ramsey Solutions. He has authored seven best-selling books, including The Total Money Makeover.

Warren Buffett does not invest in gold. He has invested almost $1 billion in silver, so the reason for his aversion is not simply a dislike for precious metals. The explanation for Buffett's dislike of gold and for his enthusiasm about silver stems from his basic value investing principles.

Commodities like gold are speculative, so you should only invest what you can afford to lose. Orman recommends putting no more than 5% of your investments into commodities.

It depends on what you mean by “rich.” There are ways to get rich investing in any asset, including gold. However, multiplying your money in the short term requires a high degree of risk, perfect market timing, and complex trade strategies that are often impractical for individual investors.

Global silver demand is forecast to reach 1.2 billion ounces in 2024, which would mark the second-highest level on record, the Silver Institute said in a recent report.

Will silver go to $50 an ounce? ›

The analysis suggests silver could reach $50 in two stages, with an initial target of $34.70 acting as a precursor. While precise timing is uncertain, factors indicate that a rally to $50 is not only plausible but expected, given current market conditions and analyses.

This might happen in the timeframe 2026-2027, certainly not in 2024-2025. Silver will require exceptional market conditions like rising inflation or an extreme silver shortage in order to make it to $100 which might not be its endpoint once it clears $50 per oz.

'Tanishq Digital Gold is a trusted and transparent method of purchasing 24 Karat pure gold to help you start your golden savings journey with the trust of Tata and powered by SafeGold.

Download our BullionVault gold trading app to either your iOS or Android device to start buying and selling bullion on the move. Over £206 million worth of gold, silver, platinum and palladium have been traded via orders placed through the apps on smartphones and tablets in the last 12 months.

DigiGold is India's most trusted digital platform for gold and silver where you can buy, sell and store online at live market rates. The minimum amount of purchase starts from just Rs 1. We also offer No locking period SIP in Gold with just starting Rs. 500 through periodic installments.