Investing in precious metals like gold, silver, platinum, and palladium offers a range of advantages and disadvantages that investors should carefully consider:
Pros:
Store of Value: Precious metals have historically served as a reliable store of value. They tend to retain their worth over time, making them a hedge against inflation and economic uncertainty.
Diversification:…
SPOT : The spot price reflects Gold, Platinum, or Silver’s paper market value, but the real cost of bullion is higher due to dealer premiums, minting, shipping, and market demand.
SPOT PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PHYSICAL : The actual price of physical Gold, Platinum, or Silver is always higher than the paper spot price. This is because the spot price represents the paper or electronic market value, not the physical metal in your hand.
PHYSICAL PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
