Precious Metals

Precious metals are rare, naturally occurring metallic elements with high economic value due to their scarcity, durability, and use in various industries, including jewelry, electronics, and as investment assets. Common precious metals include gold, silver, platinum, and palladium. Investors often purchase precious metals as a hedge against inflation or economic instability, as their value tends to remain stable or increase during times of market volatility.

Example

During economic uncertainty, investors may buy gold as a safe-haven asset, as it has historically held its value better than other investments.