Investing in Precious Metals

 

There’s no doubt that the demand for metals is on the rise. This doesn’t necessarily translate into immediate price increases since the supply is constantly changing due to active mining and sales by large holders.

Before buying precious metals, do your own research. If you decide to buy coins or bullion, you will need a safe place to store them. Be prepared for volatility in the price, and unless you are an experienced trader, it’s important to keep a long-term perspective.

Concern for future inflation is one factor pushing commodity prices higher. Holding metals is a way of spreading portfolio risk during times of economic upheaval and war, and when inflation threatens currency values. To many people in this uncertain environment, buying metals represents a safe-haven approach to diversification and a partial hedge against equities.