Hello Hive Fam!
I hope your day is going well and that you're having a good time.
I was most offers or aware that how the prices have been far gold and silver recently. Altho this time there is some drop on the value but if we talk about the last 6 month or 1 year then this price growth has been amazing which I don't think has ever happened in the history in such a short span of time. Apparently last 6 month have been even more better in terms of the price appreciation for both the precious metals.
With gold and silver the growth has been stagnant and stable where people expect 8 to 10% of annual growth but getting a growth of more than 100% in a 6 month period is insane and highly and unexpected
I have been investing in Gold who SIP which is known as systematic investment plan and I do it everyday. This house me to get a better average price because everyday some changes on the price happens and this help me out to get a better buying price. SIP is similar to DCA that we use in Crypto often.
Because I have been doing it in gold from last years I think now I can also start in silver. I use gullak app for that I am it is very easy to use where I need not to do anything once I set up the purchase and everyday my bank is charged for the same amount with it setup. I also have the control to stop it anytime anywhere I can pass it for a duration that I want so the entire controll is given to me.
I also have the option to sell of anytime and within 30 minutes I will get the money in my bank account or I also have the option to get the physical delivery done at my door step and properly there will charge some amount for that but this charge is minimal.
Because I started my SIP on gold in 2025 so I think now in this year 2026, I can also go for the silver and both are kind of metals that the more you have is always good. It's a thought for now but hopefully I will start it soon. Thank you!
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Image courtesy - Gullak App