If we look at the total mass of precious metal sold, investment silver is the best-selling precious metal. There is approximately 8 times more silver in use today than gold.

This is because silver has significantly more industrial applications. Like gold, silver is used as an investment in times of crisis.

It is a high-quality insurance against the loss of property value.

Investing in silver has its own specifics, one of them concerning monetary policy. Gold is tax-free almost everywhere in the world. But silver has a different tax status in different countries. In Croatia, for example, VAT is paid on silver bars and silver coins. This can be worked out by remote purchases and secured storage in countries that do not charge taxes on silver.

Silver also has a significantly higher use value compared to gold. As a result, the demand for investment silver has a smaller impact on the movements of its price. Of the total silver sales in 2019, almost 60% were intended for industrial use.

An additional challenge when buying silver are the relatively higher storage costs compared to gold. Gold bars have about 80 times less mass than silver bars of the same value. On the other hand, this price-to-mass ratio represents an advantage of silver. Specifically, because the average ratio of the value of a gram of gold to the value of a gram of silver is 1 to 80, when this ratio increases to 1 to 90 or 1 to 100, it is a clear sign that silver is undervalued. Investors use this as a signal to purchase. An additional advantage of silver is the relatively low price. Therefore, it represents an ideal initial investment for entering the precious metals market.