The recent increase in the price of gold has surprised many individuals, as it has reached close to Rs 74,000 per 10 grams. In contrast, the price of silver has also been steadily rising, reaching a new peak of Rs 87,476 per kilogram on Thursday. This substantial rise in silver prices has caught the attention of Robert Kiyosaki, the author of ‘Rich Dad, Poor Dad’, who has advised individuals to invest in silver if they want to become rich.
Silver has shown significant growth in value over the past few months, increasing by around Rs 10,000 per kilogram since March. This rapid rise in price is in contrast to gold, which has seen a price increase of Rs 6,553 per 10 grams in the same period. While gold has recently experienced a slight decline in price, silver continues to climb and could potentially reach Rs 100,000 per kilogram if the current trend persists. According to Kiyosaki, investing in silver can be a promising opportunity for those looking to improve their financial situation.
Kiyosaki has been vocal about the benefits of investing in silver, stating that it is an accessible option for individuals from all walks of life, including those with limited financial means. He has called the dollar a ‘fake’ currency and believes that silver is a safer investment option. In his predictions, Kiyosaki has suggested that the price of silver could potentially rise from $20 to $100 to $500 in the coming years. This advice aligns with the recent surge in silver prices, making it an attractive investment opportunity for those seeking financial growth.
The surge in silver prices has been attributed to various factors, including global economic uncertainties and increased demand for precious metals as a store of value. As gold prices become more volatile, many investors are turning to silver as a viable alternative for wealth preservation. Kiyosaki’s endorsement of silver as a tangible asset with significant potential for growth has further fueled interest in the precious metal among investors. With the price of silver continuing to rise, it remains a lucrative investment option for individuals looking to diversify their portfolios and secure their financial futures.. Read More Here
