What precious metals are worth buying?
Precious metals always offer investors a kind of security during crises. More common metals such as gold and silver can thus also be used as a medium of exchange, but more unknown precious metals are associated with a risk for precisely this reason. The respective prices are usually very dependent on the market and can fluctuate greatly depending on events. Safe investments are gold, silver, platinum and palladium.
Gold
Gold has the chemical symbol Au (Aurum). Although gold is also used in medicine, for example, it is traded less as a raw material and more as a pure investment metal.
Data on Gold 999:
Colour: yellow, gold
Density: 19.3 g/cm3
Conductivity: 45 MS/m
Silver
Silver has the chemical symbol Ag (Argentum). The precious metal is extracted from silver, copper and lead ores. Unlike gold, silver is traded on the stock exchange as a raw material, which is also needed in industry. Small investors can buy silver in the form of up to five kilo bars and coins.
Data on Silver 999:
Colour: shiny greyish, silver
Density: 10.5 g/cm3
Conductivity: 61 MS/m
Platinum
Platinum has the chemical symbol Pt. It is one of the most valuable precious metals of all, as it occurs in much smaller quantities than gold, for example. Due to its corrosion resistance, it is used in medicine as well as in industry. Platinum is traded in the form of bars and coins.
Data on Platinum 999.5:
Colour: greyish, silver
Density: 21.45 g/cm3
Conductivity: 9.1 MS/m
Palladium
Palladium has the chemical symbol Pd. It belongs to the platinum metals, which makes it valuable. Palladium occurs in combination with copper, nickel, gold and silver ores. It is mainly used in dental technology. It is also traded in the physical form of bars or coins and can be acquired by small investors as an investment.
Data on Palladium 999.5:
Colour: greyish, silver
Density: 11.99 g/cm3
Conductivity: 9.2 MS/m
Copper
Copper has the chemical symbol Cu. It belongs to the group of coinage metals. It is also very conductive and easy to process. It is mainly found in the automotive and mechanical engineering industries, but now also in renewable energies. For investors, it can be bought in the form of bars as well as coins.
Data on Copper 999:
Colour: reddish brown, metallic, copper-coloured
Density: 8.92 g/cm3
Conductivity: 58.1 MS/m
Rhodium
Rhodium has the chemical symbol Rh and belongs to the platinum metals. It occurs very rarely in nature, which is why it is extremely expensive. Consequently, its use is not common, but rhodium is found mainly in automotive catalytic converters. Investment rhodium is also available in the form of ingots.
Data on Rhodium 999:
Colour: silvery white, metallic
Density: 12.38 g/cm3
Conductivity: 18.5 MS/m
Iridium
Iridium has the chemical symbol Ir and is the second most dense element after osmium. It is one of the rarest, non-radioactive metals of all. Iridium is mainly used in mechanical engineering and medicine. The Urkilo, which is kept in Paris, and the Urmeter, which is also located there, are also made of an iridium alloy. The precious metal is very valuable and is traded on the stock exchange. Iridium bars and coins are also available for small investors.
Data on Iridium 999.5:
Colour: greyish, matt silver
Density: 22.56 g/cm3
Conductivity: approx. 19.7 MS/m
Ruthenium
Ruthenium has the chemical symbol Ru and belongs to the platinum metals. It is very rare and is only used in small quantities. Main applications of the metal are in the electronics industry. Some complexes of the metal are being researched for their effect as an anti-cancer agent. For investors, ruthenium can be purchased in ingot form.
Data on Ruthenium 999:
Colour: silvery white metallic
Density: 12.37 g/cm3
Conductivity: 14.1 MS/m