Precious metals have been a coveted asset for millennia, representing wealth and status in many ancient cultures. Today, their allure remains as strong, with investors drawn to their rarity, tangibility, and value. As we navigate through uncertain economic landscapes, investing in precious metals can offer a safe haven and a hedge against inflation.
The Platinum Potential
While not as popular as gold and silver, platinum is another precious metal worth considering. Known for its use in jewellery and automobiles, platinum is 15-20 times scarcer than gold. This rarity, coupled with its demand in various industries, may lead to price increases in the future, especially if supply fails to meet demand.
The Palladium Proposition
Palladium, another member of the platinum group metals, has been gaining investor interest. It’s predominantly used in catalytic converters to reduce harmful emissions from vehicles. As global emission standards tighten, demand for palladium could increase, providing an intriguing investment opportunity.
Jubilee Metals Group plc (LON:JLP) is a diversified metal recovery business with a world-class portfolio of projects in South Africa and Zambia. The Company’s expanding multi-project portfolio across South Africa and Zambia provides exposure to a broad commodity basket including Platinum Group Metals, chrome, lead, zinc, vanadium, copper and cobalt.
