With markets still on edge, inflation lingering, and global tensions rising, many investors are asking the same question — is now the right time to invest in gold or silver? And if so, which one makes more sense?
Here’s a simple, no-nonsense look at both metals to help you decide.
Gold has always been the go-to for cautious investors. Why? Because it protects wealth when everything else looks shaky.
In 2025, gold is doing exactly that:
Prices are up as political and financial instability grows
Central banks continue to buy gold in record amounts
Inflation and currency concerns keep driving demand
Physical, tax-efficient gold coins — like Britannia's and Sovereigns — remain a popular choice for UK investors
If your priority is wealth protection, long-term security, and owning a real, tangible asset that’s stood the test of time — gold is hard to beat
Silver often gets overlooked, but it offers something gold doesn’t — the potential for bigger short-term price moves.
In 2025:
Silver demand is being driven by industrial use, especially in green energy and technology
It tends to be more affordable, making it accessible to a wider range of investors
Price volatility can be higher — so while the gains can be attractive, the swings can be unsettling for some
Silver is often seen as a way to “turbocharge” part of your precious metals portfolio — but it isn’t a substitute for gold's stability.
It depends on your goals:
| Your Priority | Gold | Silver |
|---|---|---|
| Wealth Protection | ||
| Inflation Hedge | ||
| Lower Entry Price | ||
| Bigger Upside Potential | ||
| Stability |
For UK investors, gold coins like Britannias, Sovereigns, and Queen’s Beasts are not only globally recognised — they’re also Capital Gains Tax-free, making them a tax-efficient way to invest.
Silver is also available in coins and bars, but VAT still applies in most cases, which can affect the overall return, especially for physical investors.
In uncertain times, both gold and silver have their place. For most, gold is the foundation, offering long-term protection and peace of mind. Silver can complement that, offering potential upside — but with more risk along the way.
If you're thinking about adding precious metals to your portfolio, make sure you understand how both metals work, and always invest with a trusted, transparent provider.