Precious Metals Market
The Precious Metals Market refers to the trading and investment of valuable metals such as gold, silver, platinum, and palladium. These metals are sought after for their rarity, beauty, and industrial applications. Investors often turn to precious metals as a hedge against inflation and economic uncertainty, making them a popular choice during market volatility.
Prices in the precious metals market fluctuate based on supply and demand, geopolitical events, and changes in currency values. Investors can buy physical metals, such as coins and bars, or invest in financial products like ETFs and futures contracts. This market plays a crucial role in global finance and investment strategies.