Silver: ways to own it

Q1. Which statement best describes “Industrial demand”?

1. Volatility is how widely a price swings. Silver’s price usually moves up and down much more sharply than gold’s.
2. Green-energy demand is the silver used in solar cells and electric vehicles. It has been a growing source of demand.
3. Industrial demand is silver used in making things such as solar panels, electronics and batteries. It makes up over half of total silver demand.
4. The gold-silver ratio is how many ounces of silver equal one ounce of gold in price. Traders watch it to judge whether silver looks cheap or dear relative to gold.

Q2. Which statement best describes “Economic cycle”?

1. A silver fund of funds invests in silver ETFs and can be bought directly from the fund house without a demat account.
2. A precious metal is a rare metal valued for investment and ornament. Silver counts as one, alongside gold, platinum and palladium.
3. Recycling supply is silver recovered from old jewellery, coins and electronics. It adds to supply, especially when prices are high.
4. The economic cycle is the pattern of expansion and slowdown. Silver tends to be demanded more when factories are busy.