What is the Best Time to Invest in Metals?
With leading experts pointing toward a major recession, it’s no wonder that growth investors are turning toward the precious metals market. However, new investors might struggle to understand the dynamics of this unfamiliar market. While precious metals are a great investment at any period, learn about some specific instances when their demand spikes exponentially.
Economic Volatility
When economic volatility is rising, the stock market responds negatively and goes in the red. Recent examples include the pandemic-induced lockdowns and present-day hyperinflation which led to retirees losing trillions of dollars.
So, as an investor, if you start seeing news about the rising unemployment rate or inflation being out of control, then it’s time you start investing in gold and other precious metals. This helps protect their savings and grow their nest egg. It also helps investors diversify their portfolios.
Geopolitical Uncertainty
Global conflicts can lead to a bloodbath of the stock market and cause investors to get worried about the worst outcomes. For instance, when Russia invaded Ukraine, the market dipped very fast, as there were fears of the conflict escalating and turning into a world war. People started storing gold and other precious metal coins and bars at their homes to safeguard their wealth. With the conflict not seemingly coming to an end any time soon, investors continue to be at the edge of their seats.
Before Wedding Season
The price of gold can spike during months like December and January as countless people shop for gold jewelry during wedding season. Similarly, the rising middle class in countries such as China also buys plenty of gold before festivals such as the Chinese new year.
Reliable Gold and Silver Investment Company
Searching for a precious metals exchange that has got your back? At Orion Metal Exchange, our team helps people invest in high-quality precious metals such as gold, silver, platinum, and palladium. We also help with gold and silver ira accounts. Reach out to us to learn more. Get your free investment kit here from the leading precious metals exchange today.
