Theme
Precious Metals theme.
Gold and silver have been used as money for 5,000 years. The modern investment case rests on three pillars: portfolio diversification (low correlation to equities during stress), inflation hedging over long horizons, and reserve diversification by central banks. Platinum and palladium add autocatalyst and industrial demand. Real interest rates and the US dollar are the dominant short-term drivers for all four.
Live prices
Commodities in this theme
Precious Metals commodities
USD/oz
Gold
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What central banks buy when they're worried.
Gold hub →USD/oz
Silver
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Half industrial metal, half monetary metal. The cheapest precious metal bet.
Silver hub →USD/oz
Platinum
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Auto catalysts and hydrogen. South Africa makes 70% of it.
Platinum hub →USD/oz
Palladium
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Inside every gasoline catalytic converter. Russia has the supply.
Palladium hub →Deep research