Precious metals investment involves buying valuable metals like gold, silver, platinum, and palladium as a way to preserve wealth and hedge against inflation. These metals are often seen as safe-haven assets during economic uncertainty, as their value tends to remain stable or increase when other investments, like stocks, may decline. Investors can acquire precious metals in various forms, including coins, bars, and exchange-traded funds (ETFs). The market for these metals is influenced by factors such as supply and demand, geopolitical events, and changes in currency values, making it essential for investors to stay informed about market trends.