Why trade Precious Metals on FXPrimus?
Precious metal CFDs that diversify your trading portfolio.
Investors look to precious metals for effective portfolio diversification and hedging against inflation.
Precious metals such as gold, silver, platinum and palladium are excellent trading options for a trader’s portfolio for short-term or long-term investments.
- Diversified
- Precious metals serve as part of a diversified portfolio for hedging investment risk.
- Safe shelter
- Gold, silver, platinum, palladium and other precious metals have the potential to maintain their value during a crisis.
- Inflation Hedges
- During periods of high inflation, precious metals usually tend to retain their value.
- Leverage
- Gold has a leverage of 1: 100 and all other metals have a leverage of 1:50, increasing the likelihood of trading.
- With short / long
- Precious metal CFDs, you can benefit from both rising and falling prices.
1. Gold
Gold is used in dentistry and electronics, but its main use is in the base of jewelry making.
Precious metal prices are affected by supply and demand, one of the main factors being investor sentiment.
In general, the price goes down whenever an investor decides to sell.
If they decide to buy, the price will be higher.
Investors usually invest in gold in the event of systematic financial concerns, periods of inflation, and geopolitical crises.
2. Silver
Silver is a store of value and an industrial metal, and its price is determined by two roles.
The price of silver usually follows the price of gold, but it is valuable because it can be used in electrical equipment, medical products, electrical connections, superconductor applications, other industrial products such as the microcircuit market, and batteries.
Differences can occur due to the supply and demand of various metals.
3. Platinum
Platinum is a rare precious metal, and because it is extracted less from the ground each year, it tends to be more expensive than gold or silver due to its geopolitical stability.
The main factors influencing the price of platinum include its industrial use, jewelry production, crude oil and chemical refining catalyst production, and finally its use in the computer industry.
4. Palladium
Shiny silver metal is used in a variety of manufacturing processes and is used in many industrial applications.
These include electronics and industrial products such as catalytic converters, solar energy and fuel cells.
Palladium is also used in medicine, dentistry, jewelry, chemicals and groundwater treatment.
Most of the palladium is extracted from mines in the United States, Russia, South Africa and Canada.
Please check FXPRIMUS official website or contact the customer support with regard to the latest information and more accurate details.
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(Forex Broker)
Comment by Diletta
March 26, 2024
Awesome bonuses, good leverage. A few hiccups, but support rocks!