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"Investing In Precious Metals"

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Since centuries ago, precious metals have been recognized as one of the best forms to invest your riches. Things hadn't changed much today, and gold, silver, and other valuable metals are still deemed great investment opportunities for anyone's portfolio.

In this article, we will help you learn the tricks of the trade, and how to maximize profits, as well as minimize risks when investing in precious metals.

Without further ado, let's start with discussing your options when investing in precious metals.

1. Physical

Certainly, the first thing that came to minds when thinking about precious metal investments is to buy them in physical forms. Gold, silver, and platinum are available generally in coins, bars, and bullion.

Investing in physical form will require you to have a safe place to put them, which might be costly.

2. Certificates

Getting certificates offer you all the benefits of having metals in their physical form, but eliminating the storage and sometimes transportation needs. However, when a real disaster happens, such as when we're going to a major war, certificates can lose its value.

3. Futures and Options

Future contracts are available on stock and investment markets, which allow you to still have some form of liquidity. Check out local and online investment markets for options on future derivatives.

4. Exchange Traded Funds

Commodity ETFs are available on local stock markets, and can be a good option for investors who want to maintain liquidity.

5. Stocks and Funds

You can also buy stocks of precious metal miner companies that are leveraged to the precious metal price movements. However, understanding the valuation of mining stocks can be hard for beginners, and you might want to get the help of an investment manager.

There are generally 3 main precious metals available to invest in, let's learn about each one of them.

1. Gold

Gold trading is a massive market available 24 hours a day and is the most popular choice for precious metal investment. The unique thing about gold is that the price is less affected by the economic laws of supply and demand.

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Some things you might consider before investing in gold:

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- Gold can be the answer when you have doubts of our financial systems, the banks, and even the money itself.

- Gold maintain its value even during inflation when return in real estate, equity, and bond are negative.

- During war or crisis, gold can be a safe storage of your riches, and can be traded when necessary.

2. Silver

Silver tends to be more volatile than gold, which may interest more speculative investors with risk-taking mindset.

Silver is commonly used in industrial applications such as electrical appliances, superconductor, and other industrial equipment, so the price is a bit more affected by the supply and demand rule.

3. Platinum

Platinum is much rarer than gold and is commonly traded at a higher price especially during political and economic stability.

The automotive industry relies heavily on platinum, so automotive sales numbers can heavily determine the price of platinum. Other factors such as its rarity, as mentioned, make platinum the most volatile out of all three.

Bottom Line

The trick of successful precious metal investing is to know your goals, if you want safety and security, you will want to opt with less volatility. However, harnessing volatility can be a great way to accumulate wealth when done and managed correctly.