Valuable investment
Gold is the most liquid asset as it is highly sensitive to economic and financial changes. In addition, it has a high correlation with the world's leading currencies.
Precious metal prices depend on many factors. First of all, one should bear in mind the seasonal changes in price dynamics, as well as an increase or decrease in trading volume. For example, the price of silver is influenced by factors in the global economy such as inflation, changes in refinancing rates, and decisions taken by global central banks. With regard to trade in platinum, the main factor that influences its exchange value is the balance of supply and demand. Platinum has special properties that make this metal popular in many industries.
Thus, the global supply and demand for metals has a significant impact on their value. As demand grows, prices rise, and vice versa: when demand is weak, quotes go down. However, this effect manifests itself mainly in the long term.