What precious metals are better to invest in

Investing in precious metals has always been considered the right way to invest money. The advantage of this method of investing your savings is that precious metals are almost inflation free and the stability of their prices, which are not affected by events and factors of an unfavorable plan.

Investing in precious metals is, first of all, a reliable way to protect capital from inflation and currency fluctuations. In crisis periods, investors fix profits and transfer it to more reliable instruments. These include precious metals, able not only to save capital but in some cases and bring super profits. This is a clear answer to the question is precious metals a good investment.

Precious metals have high liquidity and are traded on the world market, that's why in any country it is easy to buy and sell. As the crisis of last years showed, real estate can also be viewed as a defensive asset, but liquidity leaves much to be desired and significantly higher time costs for conducting the transaction.

Investments in precious metals allow you to balance the investment portfolio and ensure a minimum profitability, both with the collapse of the financial system of a particular country and in global crises.

A precious metal other than gold

Thinking about which is the most expensive metal it’s necessary to know that gold, platinum, and silver are not the price leaders. For example, Osmium is artificially created metal looks like a black powder with a purple sheen. Its price can exceed 200 thousand dollars per gram.

• Palladium. Palladium is similar to platinum, has a silvery white tint, is characterized by plasticity, easily melted, is resistant to oxidation. Manufacturing cleaning devices and covering vital elements of various designs requires this element. In recent years, palladium has been gaining new positions in the jewelry industry. This is facilitated by a pleasant color, relatively low price and plasticity.
• Rhodium. The annual production of rhodium does not exceed 30 tons. It has amazing optical properties, similar to gold, high temperatures, and corrosion resistant, very hard. Almost all produced rhodium is used by chemists and car manufacturers. In jewelry industry rhodium applied in the last stages of processing of products. Also, it’s using for nuclear reactors, what is the most important area of its use. Most of this precious metal mining is in Russian Federation, Canada, Colombia, and South Africa.

What are the precious metals

You can ask, what are the most precious metals? Now elite precious metals are:

• silver;
• gold;
• platinum;
• palladium.

They are also called "noble", mainly for high chemical resistance and beautiful appearance. Various jewelry is made using them. In addition, these metals and alloys with their content are intensively used in various industries including military industrial complex and space research.

Nevertheless, the questions is silver a precious metal and why these metals are so much valued are still actual. The main reason is their unique physic-chemical properties and scarcity. The share of precious metals extraction in the total volume produced by the global mining industry is only 0.00006%. Obviously, given the high cost of precious metals in the world market, it is profitable to mine them.

However, the opening of a business for the extraction of precious metals is an expensive and rather complicated undertaking. Nevertheless, every modern investor can invest in mining at any time.

What is the best metal to invest in

Undoubtedly, benefits of investing in precious metals are evident. To begin with, we will understand the obvious advantages. They are that this is really the most reliable method of storing funds. At least, the price of gold and other noble elements does not decrease, but, on the contrary, it grows slowly but steadily, which cannot be said about the fiat currency. The second advantage is that the growth in the cost of precious metals outstrips inflation, and hence the investor's wealth also increases. Nevertheless, gold was and remains the best precious metal to invest in.

Properly managing its own precious metal investment, the investor can affect the profits from them, as well as significantly reduce the level of risk. You can, of course, invest at random, counting solely on your own luck. However, it is better to make investments as professional as possible.

It is necessary to act step by step, with knowledge of the matter, as accurately as possible assessing its own capabilities. By taking certain actions, the investor can not only increase profits in the short term. He has the opportunity to make investments more profitable. And this means that at a long-term investment stage, the revenue will be higher than originally planned.