Precious metals, particularly gold and silver, are highly sought after as alternative investments as they were considered ‘safe-haven’ assets. Usually in times of high inflation, gold and silver prices rise as investors look for safe assets.
The key advantages of trading precious metals are:
- High liquidity as there is always constant supply and demand for these metals both for investment and for use.
- High volatility in prices which gives ample opportunities for substantial short-term profits/losses.
- Two-way profit potential. When trading precious metals, profit potential exists in both rising and falling prices since there is no restriction for directional trading.
- Market is open almost 24 hours on weekdays so you can trade at your convenience
- Is directly traded on the global market, thus ensuring high liquidity and price transparency.
Try Live Demo Free