In many developing countries where gold and silver are so important almost every function in the house is related with it , the dieties the important utensils , earrings and other ornaments , these precious stones are always over the top.
Now the recent survey shows that silver is loosing ground due to cryptocurrencies, and these precious stones are now getting cost stabilized.
What you think is it a good or a bad news ?
Well personally I think it's a pretty good news more and more people will be able to afford it and also I think these precious metals are over valued so it's doing good that it's somehow getting their value down and establishing it's own place.
People nowadays are just being practical in their living,because why need to value silver when the value of this are dropping when we sell this not like the price when we bought this.while in cryptocurrency the value is continuously growing that even dip comes but in future this dropping recovers and grows higher than the previous