![]() Investors love gold and gold stocks for their tendency to hold value in volatile markets. The United States has the largest reserve of gold in the world, with 8,867 tons. Gold is special in that it doesn’t rust or corrode and can conduct heat and electricity. Most frequently used as jewelry and a form of currency, gold has special traits that add to its mystique. GoldĪncient civilizations placed a lot of value on gold thousands of years later, it’s still one of the most highly-coveted substances on Earth. Learn more about precious metals and consider which might be worth adding to your portfolio. ![]() Precious metal stocks are primarily used as a hedge against inflation, and gold, silver, and platinum are the most popular.Įach metal has its own traits, tendencies in the market, and uses in society. The main type of metals people invest in is also the rarest and most valuable. Unique for their hardness, beauty, and rarity, precious metals are known as one of the safest and most traditionally stable assets you can invest in. From jewelry to circuitry, building to computing, these metals are deeply ingrained into our society. When America issued its first paper money in 1690, these metals remained valuable. From the beginning of time and throughout every culture, gold, silver, nickel, and other metals have been used as currency. Nevertheless, it helps as an investor to understand what makes these metals so highly valued in the first place. It’s these types of metal stocks that are covered in this article, not purchasing physical metals. ![]() When you buy the stock of a particular metal, like gold stocks, you’re actually investing in one of the companies that mines that particular mineral. While the most common mining stocks people invest in are gold and silver stocks, most others are viable investments as well. We’ll help you explore the major types of metals people buy and show you some places to buy them.Įxplore the most popular types of metal stocks people invest in, including what they are, where you can research them, and how you can begin investing the moment you finish this article. If that sounds like you, then this guide will serve as a pathway to your investing future. Maybe you see it as gambling and, although interested, you don’t really know where to begin. Perhaps you think you’ll get to it when you’re older or when you have more disposable income. Are you one of the many people who go through life with a vague curiosity about investing?
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