Tuesday, December 29, 2015

Gold and Silver Outlook for 2016


The questionability of the market today has lead to questions regarding precious metals and their worth in the upcoming year. The predictions and forecasts for 2016 have been made in order to determine the strength of the gold and silver market. The time seems right to sell your gold. Silver, on the other hand, has a higher industrial demand and can be used as an electrical conductive in all kinds of electronics. Silver is also used in solar panels in order to create electricity out of the solar cells, which is growing in popularity, in turn increasing the value of silver. However, there are different predictions regarding silver, which is why it would be wise to sell precious metals early in the new year!  

On the fashion side of things, gold and silver will always be trending. We will see the classic combination of silver and turquoise being paired with gold, pearls, and diamonds in 2016 as gold will be seen in more dramatic designs such as shapely cuffs, intricate bib necklaces, and chic collars. Bold and simple gold jewelry designs will definitely be the dramatic staple piece for everyone’s wardrobe in 2016. Stackable gold and silver rings will be seen more and more this upcoming year and are the perfect accent to any outfit. Even mixing and matching the precious metals is recommended! You can never go wrong with multiple pieces of strong gold or silver jewelry.

To either buy some new gold and silver jewelry to stay ahead of the trends, or to sell your old gold and silver items, stop by your Coin Galleries of Oyster Bay today!

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