Newmont’s Tom Brady: Gold Needs More Investor Interest to...

Tom Brady, chief economist at Newmont Mining, says the gold market has been heavily driven by...

May 18th, 2018

Avino’s Silver Production Dips in Q1 2018

Avino Silver & Gold Mines released its Q1 2018 results, showing a slight decrease in silver...

May 17th, 2018

Retooling Technologies to Aid South African Platinum Production

Innovations that are typically reserved for subways and landmines are now being reconstructed for use in...

May 17th, 2018

Find Out How Geopolitics Will Affect Precious Metals in 2018.


Download our free report to find out which factors to watch


Top Hedge Fund Managers Still Believe in Gold

Filings show that top-tier hedge fund managers Ray Dalio and John Paulson stayed true to the...

May 16th, 2018

Anglo American to Spin Off Unit to Boost Platinum...

The top platinum producer is seeking to boost platinum demand by spinning out its internal venture...

May 16th, 2018

Find Out How Geopolitics Will Affect Precious Metals in 2018.


Download our free report to find out which factors to watch


Palladium Demand to Climb Thanks to China’s Automotive Industry

Palladium consumption in the devices used to clean up exhaust fumes will rise to a record...

May 16th, 2018

Americas Silver to See Profits Grow Over Next Three...

Thanks to lower costs, Toronto-based Americas Silver is expecting to see profit growth over the next...

May 15th, 2018
Precious metals are rare, naturally occurring, metallic elements that have high economic value. In general they are less reactive than most elements, and tend to be ductile and have a high luster. In the past, precious metals were important because they were used as currency. Today they are considered valuable because of their investment and industrial uses. But what is the best precious metal to invest in? Different investors have different needs, and it’s important to be aware of the factors that affect supply, demand and prices for each precious metal before making a decision. Below we’ve provided a quick overview of the gold, silver, platinum and palladium markets. Those four metals are the most popular precious metals, and all can be good investment choices. Read on...

Precious metals are rare, naturally occurring, metallic elements that have high economic value. In general they are less reactive than most elements, and tend to be ductile and have a high luster.

In the past, precious metals were important because they were used as currency. Today they are considered valuable because of their investment and industrial uses. But what is the best precious metal to invest in? Different investors have different needs, and it’s important to be aware of the factors that affect supply, demand and prices for each precious metal before making a decision.

Below we’ve provided a quick overview of the goldsilverplatinum and palladium markets. Those four metals are the most popular precious metals, and all can be good investment choices. Read on to learn what the best precious metal to invest in might be for you.

Best precious metal to invest in: Gold and silver?

The best-known precious metals are gold and silver, and it’s not hard to see why. Gold is a key material for jewelry, and is also used as a store of wealth by investors around the world. Indeed, many believe that it’s superior to any and all paper currencies.

Silver is also used as a store of wealth and in jewelry, but unlike gold it’s also subject to a fair amount of industrial demand. In other words, the metal is not only bought by investors, but also by manufacturers looking to use it for different applications. Those applications are incredibly varied — silver is used in devices like batteries and catalysts, but it’s also used in medicine and in the automotive industry.

Gold and silver prices are most heavily affected by global economic and political changes. Both metals are considered safe-haven investments, and tend to receive increased attention from investors in times of turmoil. If you believe that more tumultuous times are in store, you may want to consider investing in gold and silver.

Best precious metal to invest in: Platinum and palladium?

Sister metals platinum and palladium are also well-known precious metals. Like silver and gold, both metals are used in jewelry and are bought by investors. However, what they’re perhaps best known for is their use in the automotive industry. Both are used in catalytic converters, with palladium being used in catalytic converters for gasoline engines, and platinum being used in catalytic converters for diesel engines.

That said, palladium is starting to move in on platinum’s market share — it is cheaper than platinum and manufacturers are beginning to substitute it for platinum when possible.

While platinum and palladium prices sometimes also move because of worldwide economic and political events, they are influenced more strongly by supply and demand dynamics. In recent years higher demand and strikes at key mines have pushed both markets into deficit. Investors who think those circumstances will eventually result in higher platinum and palladium prices may want to consider investing in these metals.

Best precious metal to invest in: Investor takeaway

For investors looking to move into the precious metals space, there’s perhaps no time like the present. Prices for gold, silver, platinum and palladium are currently much lower than they have been in the past, and many market watchers believe that today’s low prices present a buying opportunity.

And luckily, those interested in the metals have myriad options for investing, from stocks to ETFs to physically purchasing the metals. All it takes is some research to determine which is the best fit.

As a final note, it’s worth being aware that while gold, silver, platinum and palladium are undeniably the most high-profile precious metals, other precious metals do exist. Rhodium and rhenium are two fairly common ones, with rarer examples being germanium and beryllium.

This description was last updated on April 22, 2017.

Get the latest Precious Metals Investing stock information

Get the latest information about companies associated with Precious Metals Investing Delivered directly to your inbox.

Precious Metals Investing

Select All
Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time