Why do people prefer silver jewelry

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Why do people prefer silver jewelry?
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Introduction

• Lately the jeweler industry experiences
  remarkable growth in the production.
• And sales because more and more people are
  realizing the benefits of owning quality silver
  jewels, which are much less expensive than gold
  jewels, but are still a good investment.
• Regardless of whether you are selecting a gift
  for someone else, buying a treat for yourself or
  just looking for something to replace your
  expensive golden and diamond jewelry, silver
  jewels have a lot of advantages and only one of
  them is the cheaper price.

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Less expensive compare to Gold

• Certain silver jewels can look classier and even
  more expensive than some golden ornaments.
• A diamond set in silver looks much more tasteful
  than the same diamond set in gold.
• Some of the most popular silver ornaments are the
  bracelets.
• Their design and style can vary greatly, from
  broad and massive bands to dainty thin chains,
  which will satisfy the preferences of every
  customer.

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Silver Inventories Are Falling

• Governments and other institutions have
  traditionally held inventories of silver. But
  today, most governments no longer hold stockpiles
  of the metal. In fact, the only countries that
  warehouse silver are the US, India, and Mexico.
• Look whats happened to those inventories since
  1996.
• A big reason governments dont hold a lot of
  silver is because coinage is no longer made from
  the precious metal.
• But as youll see, silver is used in industry to
  a much greater degree now so if future
  industrial needs are difficult to meet,
  governments will be ill-equipped to support those
  needs.

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Industrial Use is Growing

• Its used in nearly every major industry, from
  electronics and medical applications to batteries
  and solar panels.
• Silver is everywhere, whether you see it or not.
• As Mike says in his book, Of all the elements,
  silver is the indispensable metal.
• It is the most electrically conductive, thermally
  conductive, and reflective. Modern life, as we
  know it, would not exist without silver.
• Due to these rare characteristics, the number of
  industrial applications for silver has
  skyrocketed.
• In fact, industry now gobbles up more than half
  of all silver demand.

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World Demand is Growing

• Global demand for silver is growing. Virtually
  all major government mints have seen record
  levels of sales, with most already operating at
  peak production.
• Surging demand is nowhere more evident than
  China and India. These two behemoth markets have
  long histories of cultural affinity toward
  precious metals.
• And with their populations growing (the opposite
  of what is happening in the West), their
  tremendous appetite will continue.

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The Gold/Silver Ratio Favors Silver

• The gold-to-silver ratio averaged 471 during the
  20th century. Its averaged about 611 in the
  21st century.
• So a ratio at or above 70 is in outlier territory
  and thus makes silver a good buy relative to the
  price of gold.
• You can see that the ratio sank to almost 30 at
  the peak of the bull market in 2011.
• It reached as low as 17 in early 1980.
• This compression in the ratio shows just how much
  silver can outperform its cousin gold.
• It also confirms it is undervalued compared to
  gold.
• Add all up the reasons and silver just might be
  the buying opportunity of the decade.

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Conclusion

• Silver jewels are also admired for their ability
  to blend with almost any skin complexion.
• Golden jewels can seem bleak and colorless when
  worn with a very pale or very dark complexion,
  while silver ornaments harmonize with any color
  or skin tone.
• When buying silver jewelry it is good to keep in
  mind a few useful pointers.
• The most important of them is to always make sure
  of the quality of the jewels.
• Hence pick out one of the Best Silver Jewellery
  Showroom in Madurai for good quality silver
  jewels.