By definition, a precious metal is a rare chemical element that has significant economic value. This value is by definition intrinsic to fluctuations in supply and demand. Thus, gold, silver and platinum are precious metals appreciated and sought after for their natural characteristics, and their prices are closely followed by international stock exchanges.
What is the purpose of the price of precious metals?
Gold, silver and platinum are metals that are becoming scarce. They cannot be multiplied at will, hence their monetary value. These metals have served as a means of payment for centuries. Today, even if money is dematerialized, these materials have not lost their economic dimension. Thus, it is by following the price of precious metals on the stock markets that we obtain an exact overview of their value at a given moment.
The price of precious metals is scrupulously followed by all the world's stock exchanges
The stock exchange is a financial market through which financial transactions are carried out throughout the world. Shares and bonds listed on the stock exchange are sold to investors. This rating used by stock markets is fundamental to determine a sale price and a purchase price of securities and goods.
In real time, financial markets such as the famous Wall Street Stock Exchange closely monitor the price of precious metals such as gold, silver and platinum. For thousands of years, these materials have not lost their value and continue to fascinate people. Thus, gold, silver and platinum ingots remain a preferred source of investment.
Volatility of metal prices
The price of precious metals fluctuates, even if it represents less uncertainty than other financial products. Indeed, these basic materials always retain a certain economic value. But in practice the price can vary significantly depending on the economic situation and thus call upon the notion of speculation by brokers and analysts. Because it is this price and this rating that generate the reference prices of metals.
Thus, giving the value of a precious metal can only be done at a given moment T. This is why, as an investor, it can be interesting to follow the evolution of the price for a reasoned purchase of gold.
Currently, I can tell you the following quotes for the price of metals:
- The price of gold is 51.05 euros per gram
- The price of silver is 0.65 euros per gram
- The price of platinum is 23.60 euros per gram
What is the purpose of the price of precious metals?
Gold, silver and platinum are metals that are becoming scarce. They cannot be multiplied at will, hence their monetary value. These metals have served as a means of payment for centuries. Today, even if money is dematerialized, these materials have not lost their economic dimension. Thus, it is by following the price of precious metals on the stock markets that we obtain an exact overview of their value at a given moment.
The price of precious metals is scrupulously followed by all the world's stock exchanges
The stock exchange is a financial market through which financial transactions are carried out throughout the world. Shares and bonds listed on the stock exchange are sold to investors. This rating used by stock markets is fundamental to determine a sale price and a purchase price of securities and goods.
In real time, financial markets such as the famous Wall Street Stock Exchange closely monitor the price of precious metals such as gold, silver and platinum. For thousands of years, these materials have not lost their value and continue to fascinate people. Thus, gold, silver and platinum ingots remain a preferred source of investment.
Volatility of metal prices
The price of precious metals fluctuates, even if it represents less uncertainty than other financial products. Indeed, these basic materials always retain a certain economic value. But in practice the price can vary significantly depending on the economic situation and thus call upon the notion of speculation by brokers and analysts. Because it is this price and this rating that generate the reference prices of metals.
Thus, giving the value of a precious metal can only be done at a given moment T. This is why, as an investor, it can be interesting to follow the evolution of the price for a reasoned purchase of gold.
Currently, I can tell you the following quotes for the price of metals:
- The price of gold is 51.05 euros per gram
- The price of silver is 0.65 euros per gram
- The price of platinum is 23.60 euros per gram