Gold is the best-known and most investable precious metal. It is characterized by its durability (it does not corrode), its malleability and its ability to conduct heat and electricity. Although it has some industrial applications in dentistry and electronics, it is primarily used to make jewelry or as a means of payment. The most valuable of all precious metals
is rhodium.
This silver-colored metal is extremely rare and is often used for its reflectivity. It has a very high ability to tolerate corrosive objects without being affected and has a fairly high melting point. The largest producers are Canada, Russia and South Africa. Gold is by far the most popular investment among precious metals
.
Investors big and small buy gold to diversify their portfolios, particularly in times of uncertain economic conditions when the S%26P 500 could crash. The yellow metal is durable, malleable and protects against inflation. You can invest in gold by buying jewelry, coins, bars, gold bars, derivatives, futures contracts, and gold ETFs
.
