Investing in Precious Metals – A Beginner’s Guide - Elemental Asia

Investing in Precious Metals - A Beginner's Guide


Investing in Precious Metals - A Beginner's Guide

Everyone who has savings wants to put them in a safe place or have the opportunity to multiply their wealth.The ever-increasing inflation negatively affects the contents of the portfolio, shrinking our accumulated financial resources. A good way to protect your money from economic fluctuations is to invest in precious metals. Why is it worth doing this and which precious bullions should you choose to come out the best? We give you the answer in our article.

Investing in precious metals

Keeping savings in deposits or savings accounts is slowly starting to become a thing of the past. This way of safely storing funds is giving way to investing in precious metals. Buying valuable bullion is a good way to protect your money from inflation, to guard against the collapse of the financial system or war. This is because the value of precious metals is relatively immune to drastic changes related to the economy. What are the main advantages in favor of investing in precious metals?

The best-known precious metals are gold and silver, but recently palladium and platinum have become increasingly important. It is the diversification of bullion that gives you the opportunity to invest your money safely. It is worth choosing to buy different types of precious metals.In the event of a decline in the value of one of them, we can rest easy, because our savings will also be placed in other bullions, and we can wait until its value increases without worry. In the next part of the article we will briefly describe the most common precious metals.


What is palladium?

Although it is not the most popular of the precious metals, its investment potential is impressive. It is used in various industrial processes, most notably, in the making of electronics. Palladium's absorption properties also make it used in the manufacture of catalytic converter, which are responsible for reducing harmful chemicals that come out of the exhaust system in cars. It is a relatively rare metal, and its extraction takes place, primarily, in Russia and South Africa.

What is platinum?

Platinum is one of the most valuable precious metals in the world. It often reaches a higher value than gold. This is influenced by the uniqueness of its occurrence, since platinum, like palladium, is a relatively rare precious metal. Like its predecessor, platinum is used in the manufacture of catalysts. Both of these bullions are recovered in the process of recycling catalytic converters, which is an excellent way to gain additional financial resources. Platinum deposits are mainly located on Russian territory, which, due to the ongoing war, further influences its value.

Is it worth investing in gold and silver?

Although palladium and platinum, due to their rarity, are among the most valuable precious metals, gold and silver are still worth our attention. What is important in this case, first of all, is diversification, i.e. placing money in different sources, ensuring the safety of such an investment. For this reason, it is worth choosing different precious metals, even if their market value is slightly lower.

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