Silver can be a good investment if you want to expand your portfolio. The fact that silver can be used as an inflation hedge is another important aspect of silver. Since it is a physical asset, it has intrinsic value that dollars and other currencies do not. In addition to its long-term value, silver also performs well when interest rates fall.

Investing in silver can be worthwhile due to its unique properties and market dynamics. Silver is a precious metal with both industrial and investment demand, making it a hedge against inflation and economic uncertainty. It is often more affordable than gold, providing an entry point for smaller investors. The industrial applications of silver, especially in electronics, solar energy, and medical devices, can drive demand and influence prices. However, silver's market can be volatile, influenced by factors like industrial demand fluctuations, geopolitical events, and changes in monetary policy. Diversifying a portfolio with silver can offer potential growth and stability, but investors should be prepared for its price volatility and consider it as part of a broader investment strategy.