How to trade gold and precious metals?

There are many factors that affect price fluctuations and volatility can occur in the precious metals market. One of the most important of these is the global financial institutions, whose investments are speculative in nature, which can cause upward or downward price movements. Other factors influencing the market are end-user trends, which originate primarily from jewelry buyers: demand for jewelry makes precious metal market prices soar. The economy also affects market prices. If the economy has good global performance, its level of wealth is directly related to the demand for gold and other precious metals: when investors look for investment options that pose a greater risk, some precious metals fall while metals prices rise. Last but not least, changes in the demand for some other financial assets, away from precious metals, also contribute to price fluctuations.

History of the circulation of gold and precious metals
Precious metals, and gold in particular, are a symbol of wealth. Since prehistoric times, gold has been used for barter, whether in the form of coins, blocks, or alloys of fixed purity and weight, and gold has been the most valuable asset and merchant over the centuries. The first gold coin was minted in 600 BC and continued to be used for monetary exchange (gold standard) until the 1930s. Gold is a superconducting metal that is flexible, flexible and does not interact with other elements. It is used in many industries ranging from jewelery, commercial chemicals, electronics, to medicine. Gold was replaced only as a financial commodity in the paper currency system after 1976, but it has remained a strong investment until today. 

Silver has also been used alongside gold for cash exchange for more than 4,000 years, and the silver standard continues until the 19th century. Industrial, commercial and consumer demand makes silver a powerful source of investment. Derivatives such as silver futures are traded in different exchange markets around the world. With the advent of online trading, the exchange of silver products was an easy way for investors to take advantage of silver prices and invest in the long term.

When compared with gold trading and silver trading, which have been used as investment assets since ancient civilizations, platinum and palladium have a shorter history in the financial sector. However, given their scarcity and the paucity of their annual production of mines, and their various uses in several industrial areas, they may sometimes be sold at a higher price than gold. Platinum is more rare than gold 10 times, platinum is associated with wealth, and gold and white platinum have been used in ancient times as in the pre-Columbian civilization. Platinum was first mentioned in Europe in the 16th century, and since the eighteenth century it is used in jewelry, automobiles, chemical industries, dentistry, and even medicine.

Like platinum, palladium also plays a key role in technology. Since its discovery in Europe in the 19th century, global demand for palladium has increased considerably, and is used most of the time in the automotive industry, but it is also widely used in medicine, electrical industries, jewelry, and of course as an investment asset. Due to supply and demand, in times of sustained economic stability, platinum and palladium prices can be the same or even higher, while their prices can fall below the price of gold in periods of economic instability, Making gold a more stable mineral for investment.