Gold or Silver (or Bitcoin): Which Should You Buy? | The Gold Spot

As 2024 winds down, economic uncertainty and global tensions dominate headlines, leaving investors scrambling for secure options.

With their long history as safe-haven assets, gold and silver have emerged as top contenders, but deciding between the two depends on individual financial goals and strategies.

Gold prices had a standout year, surging over 30% and breaking new records after starting 2024 at an already respectable $2,063 an ounce. Growing Central bank demand worldwide has driven gold prices much higher, reinforcing gold’s status as a cornerstone of stability.

Meanwhile, silver prices delivered similar returns, rising from under $24 an ounce to over $34 an ounce, propelled by growing industrial demand and stagnant supply. Experts suggest 2025 could offer even more opportunities for silver, historically trailing gold’s price moves by 12–15 months.

Cryptocurrencies like Bitcoin have also grabbed attention, recently surpassing $100,000. However, analysts highlight key differences: while Bitcoin is speculative and volatile, physical gold and silver provide stability, protection, and proven long-term value.

Watch this week’s The Gold Spot to hear Precious Metals Advisors Joe Elkjer and Richard Otto discuss the merit of precious metals heading into 2025 and if Bitcoin deserves a look as a safe haven.

🔗 READ MORE: https://www.sbcgold.com/blog/gold-silver-or-bitcoin-finding-perfect-fit-for-investment-strategy-goldspot/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_12182024

⭐ RELATED LINKS:

🔗 Should You Buy Gold or Silver? Determining Which Precious Metal is the Better Investment: https://www.sbcgold.com/blog/should-you-buy-gold-or-silver-determining-which-precious-metal-is-the-better-investment/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_12182024

🔗 Why Investing in Gold & Silver is NOT a Cookie-Cutter Approach: https://www.sbcgold.com/blog/why-investing-in-gold-silver-is-not-a-cookie-cutter-approach/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_12182024

📈 See Live Gold and Silver Spot Prices:
https://www.sbcgold.com/charts/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_12182024

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⭐ SBC Gold Precious Metals Advisors in this The Gold Spot video:

👤 Joe Elkjer: https://www.sbcgold.com/about/joe-elkjer/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_12182024

👤 Richard Otto: https://www.sbcgold.com/about/richard-otto/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_12182024