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Investing in precious metals such as gold and silver can help protect your portfolio against inflation and economic uncertainty. Silver could be a good option if you're considering investing a small amount of money, as it has more upside potential due to its industrial uses.Feb 28, 2023

Silver can offer protection — As mentioned, investors often flock to precious metals in times of turmoil. When political and economic uncertainty are rife, legal tender generally takes a backseat to assets like gold and silver. Both metals play similar roles when added to a portfolio, but the white metal tends to get overlooked in favor of gold.

While cash, mining stocks, bonds and other financial products are accepted forms of wealth, they are essentially still digital promissory notes. For that reason, they are all vulnerable to depreciation due to actions like printing money. A troy ounce of silver bullion, on the other hand, is a finite tangible asset. That means that, although it is vulnerable to market fluctuations like other commodities, physical silver isn't likely to completely crash because of its inherent and real value.