Silver is a precious asset that has been sought after by investors for centuries. Its historical upward trend bears witness to its popularity on the precious metals market. Does silver continue to be an attractive investment over the long term ? What factors influence demand for silver metal ? And what are the forecasts for the silver price in 2024 ? Here are the answers !

Silver metal : a long-term investment

 
Silver is a wise long-term investment, offering investors twofold protection. Firstly, it provides a safe haven from economic vicissitudes, preserving wealth in times of financial uncertainty. 
 
In addition, silver helps to diversify investment portfolios, promoting asset growth. As a precious metal, it offers appreciable stability while offering attractive potential returns. 
 
For those seeking long-term financial security while maximising their capital, silver metal, in the form of silver coins and silver ingots, is a strategic choice.
 

French silver coins

French silver coins, such as the 50 Francs Hercules or the Ecu 5 Francs, were originally issued for use in commerce, but they also have intrinsic value as a precious metal. 
 
Investors are attracted to these coins for a variety of reasons, including wealth preservation, protection against inflation, and portfolio diversification.
 

Modern silver coins

 
Modern silver coins, minted with contemporary designs and exceptional quality, are also attracting growing interest among investors. They are looking for a combination of intrinsic value and aesthetic appeal in their investments.
 

Silver ingots

 
Buying silver bullion is another option for investors looking to accumulate physical silver. Silver bullion is available in a range of sizes, from one ounce to several kilograms, offering flexibility to suit investment needs.

Factors influencing the acquisition of physical silver

 
The acquisition of physical silver is motivated by various factors, principally the quest for financial stability. Investors seek to protect themselves against economic turbulence by holding this precious metal, while its scarcity and growing demand offer them a way of standing out and growing their asset portfolios. 
 
This strategy combines security with growth potential, making silver an attractive choice for those seeking sustainable preservation of their financial wealth.

Supply and demand

 
The supply of silver is largely dependent on mining activity, and can fluctuate depending on a number of factors, including extraction costs, geological conditions and environmental regulations. 
 
Demand for silver comes from a variety of industries, such as electronics, jewellery and the manufacture of solar panels. When demand exceeds supply, silver prices logically rise.
 

Inflation

 
Inflation can erode the value of money over time, but silver metal has historically acted as a bulwark against this trend. Investors know that physical silver will maintain its real value even when prices rise.
 

Geopolitical and economic crises

 
In times of geopolitical or economic uncertainty, investors look for stable, reliable assets. Silver is considered a safe haven because it is not directly linked to national currencies and does not depend on the political stability of a given country.

Silver price forecasts and trends for 2024

 
Forecasts for the silver price in 2024 are arousing growing interest among investors anxious to protect their capital. Silver continues to be seen as a monetary solution to economic fluctuations, offering reassuring stability. 
 
The outlook for sustained growth in demand strengthens its position, encouraging investors to consider it as a means of distinguishing themselves and growing their asset portfolios. In 2024, silver remains a valuable asset for long-term financial management.
 
Silver metal can be purchased in a variety of forms to meet the needs of different investors. For example, the 5 Francs Semeuse 1959-1969 coin is sought after by collectors, while silver bullion offers a larger-scale form of investment.
 
A concrete example of this profit opportunity is the 1 kg silver ingot. Over the past two decades, its value has risen significantly : from $125 in early June 2003 to $706 in June 2023, an increase of almost 465% !
 
As a result, silver metal is proving to be an attractive option for investors seeking to protect their assets against inflation and geopolitical and economic crises, while at the same time benefiting from substantial profit opportunities. 
 
The positive trend in precious metals prices over the last few years shows that buying gold and silver remains attractive as a lucrative investment. This upward trend, combined with growing demand for precious metals, reinforces investors' confidence in silver as an essential component of their investment strategies.