Precious metal trading offers numerous benefits. Because they retain value, they’re great for long-term investments.
They can’t be devalued by printing money, and their price is determined by global supply and demand rather than events in single economies. These are some of the reasons why many traders consider them a safe haven.
Gold, silver, platinum and palladium all have intrinsic value due to their use in medical, electronics, jewellery and other applications. This intrinsic value attracts many investors to precious metals in both spot and futures markets.