Money Metals Exchange is an American precious metals investment company that specializes in gold and silver bullion. Its customers can buy and sell metal online.
Its products are competitively priced and available in a range of sizes. They also offer vault storage in Delaware and Massachusetts, as well as collateral lending.
Gold
Gold is a very rare and precious metal that has a long history of being used as money and a store of value. It is malleable, ductile, electrically conductive, corrosion resistant and non-reactive.
It is often used in many industries, including jewelry and coinage, as well as for medical and dental needs. It is also used in electronics as a contact metal.
In addition, it is frequently used for a wide range of investment purposes. Some investors use it as a hedge against inflationary fears and other concerns. Others invest in it to profit from its price movements.
In general, a significant portion of the world’s gold is held by private buyers as wealth stores. This is mostly in the form of jewelry.
Silver
Silver is a precious metal that has been in use for thousands of years. It is used in coins, jewelry, and investment-grade bullion.
The largest producers of silver are Mexico, Peru, and Chile. It is also mined as a by-product of mining other metals, and as a recycled product from old jewelry, photographic films, and chemicals.
Its high thermal and electrical conductivity make it essential for a wide range of industries, including electronics. It is indispensable for solder and brazing alloys, batteries, medicine, nuclear reactors, photography, photovoltaic (or solar) energy, RFID chips, semiconductors, touch screens, water purification, wood preservatives, and more.
Historically, most industrial uses of silver have been for monetary purposes, but silver demand is increasing as more industries incorporate technological advances that require more expensive materials. As a result, prices of silver are rising. Those who invest in physical precious metals, exchange-traded funds (ETFs), and stocks backed by silver should watch this trend closely.
Platinum
Platinum is a metal with a wide variety of uses. The bright white metal is often mixed with other precious metals, and it is used in many industries for its hardness, corrosion resistance, and strength.
It is also commonly used in electronics, medicine, and dental equipment. It is a crucial component of catalytic converters that reduce the amount of harmful gases in vehicle exhausts.
Like gold, platinum is a safe haven investment that can help investors protect their assets in uncertain economic times. Unlike gold, however, platinum is very rare and harder to mine.
In addition to its many industrial applications, platinum is also used in a variety of jewelry pieces. This natural, bright white metal has a pleasing weight and luster that adds to its attractiveness. It is often used to create diamonds and other types of jewelry, but it can also be found in other forms, including earring settings and necklaces. Its rarity and unique use make it a popular choice for jewelry.
Palladium
Palladium is a member of the platinum group metals, which are also known as the PGMs. It is an important element because of its use in catalytic converters that are affixed to all modern vehicles.
It is also used in electronics, dentistry, medicine, hydrogen purification, chemical applications, groundwater treatment and jewelry. It is a key component of fuel cells, in which hydrogen and oxygen react to produce electricity, heat and water.
The most common application for palladium is in catalytic converters that help turn over 90 percent of the harmful gases emitted by cars into less harmful substances such as nitrogen, carbon dioxide and water vapor. Without these catalysts, car exhaust would be a hazard to humans and the environment.
The global supply of palladium is extremely limited due to its rarity. It is mined only in a few places, including the Bushveld Igneous Complex covering the Transvaal Basin in South Africa; the Stillwater Complex in Montana, United States; the Sudbury Basin and Thunder Bay District in Canada; and the Norilsk Complex in Russia.
