If you are interested in buying Precious Metals for the first time, you may think the only options are gold or silver. While those are both valuable options, it is important to be aware of the fact that you have other options. Understanding all of the available options, their potential growth, and their current market value helps you make the right investment decision for your personal portfolio.
To that end, Presidential Metals Exchange offers the most common selections for Precious Metals investing. We ensure that we offer both common and uncommon metals to our clients. These products include:
Gold is the number one metal that comes to mind when people think of investing into Precious Metals. Gold has been treasured throughout history. Virtually all cultures have always recognized both its beauty and its scarcity, elevating it to the top of Precious Metals. Furthermore, unlike other metals gold does not rust or corrode over time. It is also extremely malleable and acts well as a conductor which gives it use in many industries. With the combination of these characteristics gold is predicted to always be in demand and therefore make for a wise investment.
Alongside gold, silver is the other Precious Metal that comes to mind when people think of investing in Precious Metals. Just like gold, silver has been valued by almost every culture worldwide since the beginning of recorded history. But as an investment item, it differs from gold in a few key respects.
Platinum is the most scarce Precious Metal available to investors. Which usually makes platinum more expensive, but right now it is currently at a major discount to gold! Platinum is heavily associated in industrial uses. For example, the auto industry uses a lot of platinum as it is a key material in parts like catalytic converters and spark plugs. Platinum is projected to be a great metal to invest in since there is a constant demand for it within the global industrial market.
Palladium is a lesser-known metal than its counterparts. But it has gained momentum in recent years with Precious Metal investors. The metal can be found in relative abundance in certain countries, but it is valuable since it is similar chemically to platinum. Since platinum is in scarce supply, palladium has been gaining value. Furthermore, it is one of the only metals that can be combined with gold to make white gold.