Historically, precious metals have always commanded much higher prices than common industrial metals.  The demand for precious metals comes from both their practical usage and their role as investments and a store of value.  Precious metals can be used as both a trading vehicle and a wealth management tool.

Besides being a symbol of power and wealth, gold is an asset class that is durable & highly liquid. Gold often serves as a store of value during political unrest and high inflation. Investment into gold offers investors an attractive opportunity to diversify their portfolio potentially reducing overall portfolio risk and ultimately, portfolio wealth.

Silver’s status as a luxury item is well-known as it is used in jewellery, currency and silverware.  Moreover, silver is widely used in manufacturing as it can conduct electricity and act as a catalyst for chemical reactions.  Hence the value of silver lies in the fact that it is highly sought after both as a luxury item as well as an industrial metal.

Platinum has a wide range of applications.  Currently, platinum is mainly used as a catalyst in the crude oil refining. It is thus important for its related industries to hedge against the potential rise in Platinum prices.

Palladium, is used in combination with Platinum in many applications. Besides that, Palladium can be alloyed with Gold to produce white gold as jewellery and used in electronic connectors and semiconductors.