Gold and silver will not lose value and if any drop in demand is temporarily & it will return to normal in the long-term.
Perhaps the rush to buy cryptos in the past two years has led to a weak turnout in silver as the gains made from cryptocurrencies are much more precious than precious metals.
Now the recent survey shows that silver is losing ground due to cryptocurrencies, and these precious stones are now getting cost stabilized.
I did not understand this point, gold and silver are considered a safe haven that means they are characterized by a stable price and low volatility
Well you know it's like many investors buy gold and silver as investments this is more evident in the developing countries and now since Bitcoins and other cryptocurrencies are getting introduced people are now buying cryptocurrencies and gold and silver due to less number of investors now is loosing ground .