GOLD, SILVER, PLATINUM, PALLADIUM……

In the past, precious metals were as significant as money, but today they are more likely to be utilized for industrial and investment purposes. Gold and silver have been regarded as precious and admirable materials since antiquity. Recently, industry has discovered the utilization of iridium (used in alloys) and palladium (used in electronics and chemistry)

Gold and silver are the most common precious metals since they are both used in industry and jewelry. As precious metals, ruthenium, rhodium, palladium, osmium, iridium, and platinum are also mentioned.

In the context of finance, the term “precious metals” is also applied to rare metals of economic significance.

Investors request allocation of precious metals to safeguard their assets. Additionally, precious metals are a hedge against inflation.

BENEFITS OF INVESTMENT ON PRECIOUS METALS (ESPECIALLY GOLD):

Political and/or economic difficulties have no bearing on their worth.
Even real estate markets lose money with inflation, yet precious metals maintain their value.
In the event of conflict, precious metals would serve as a portable source of funds that could be exchanged for food and other items.
Unlike other investment or trading facilities, precious metals experience a decline in profitability under economic stability.

Precious metal supply are not sustainable. If a certain sort of precious metal is absent from the market, this circumstance exerts pressure on pricing.