Investing in precious metals is not only worthwhile for private individuals. Investment companies, family offices, towing service san jose founders or traders also benefit from an investment in gold, silver, platinum or palladium.
Investing in Precious Metals: What towing service needs to know about buying and storing
The valuable metals are characterized by high liquidity. But precious metal investment is used in particular for long-term wealth accumulation. It acts as capital protection in times of crisis, is used when inflation rates are persistently high and forms the counterpoint to low interest rates. In addition, gold and others are suitable for risk diversification in combination with other investment products.
The towing companies often invest large sums, so that depending on the precious metal, considerable amounts can be accumulated. Safe storage of the material assets then plays a decisive role. The asset managers attach great importance to professional and discreet processing, place high demands on security standards and individual solutions. This is understandable, because it is about the preservation of assets.
Which precious metals are suitable for investment, which are particularly in demand?
From an investment perspective, gold and silver are among the most widely used investment metals. In addition, platinum, palladium and rare earths are also suitable. The white metals are mainly in demand in various industrial sectors such as automobile production, solar energy and electronics. Gold is mainly used in the production of jewelry and for investment goods. It is also used in rather small parts in dentistry, in aerospace, electrical engineering and for glass production.
In fact, gold coins and gold bars are among the most sought-after investment products due to their high value density. Common bullion coins weighing one troy ounce such as the American Eagle, Krugerrand, Maple Leaf, Kangaroo, or Vienna Philharmonic are particularly popular. They move close to the price of gold and are accepted worldwide.
The selection of silver coins is even larger. Here, however, the collector’s market is also served in many cases. Pure bullion silver coins weighing one ounce such as Noah’s Ark, Britannia or Libertad are valued by investors, as are silver bars weighing 500 or 1000 grams and several kilograms. Palladium or platinum as an investment are more exotic, but are also offered.
Why invest in precious metals?
Financial experts agree that gold and other precious metals are equally suitable for long-term capital security and risk diversification. So that the precious metal investment is not endangered by improper storage or political and economic risks in your own country, safe custody is an option. Private and specialized storage facilities are well prepared for the needs of institutional customers and have individual solutions ready.