In the world some of the metals are scarce in the nature and have been historically considered as a form of currency. So that they called as “precious metals”. Such as Gold, Silver, Platinum Etc.
However today this precious metals are considered as investment and industrial commodities.
Now Indian households have amassed up to 20,000 tonnes of Gold. By considering this we can understand how much demand for these precious metals. So investing on such a precious metals will gives us more returns.
Gold is a “precious” metal. And the demand for the gold in India is more, compare to the china and us. The reason behind demand for this metal is its beauty, liquidity, investment qualities and it is treated as global currency, a commodity and an investment instrument from historic periods. Modern hedging techniques and strategies, including market-based risk management financial instruments, such as gold futures, can improve efficiencies and consolidate competitiveness. .So investing on like this metal is gives more value and returns.
Silver is a brilliant grey-white metal that is soft and malleable. Silver has innumerable applications in art, science, industry and beyond. At the highest level, though, demand for silver breaks down into three important categories: silver in industry, investment, and silver jewellery and décor. Together, these three areas represent more than 95% of the annual silver demand. Silver is a metal with wide usage and benefits from its dual use of being an industrial metal and a precious metal. Industrial usage is expected to rise with growing industrialization.