Why Are Metals Important?
Investing in precious metals brings unique advantages compared to stocks and bonds.
Because these precious metals are chemically unique, rare and easy to mold, they have been valuable for thousands of years.
Why Are Metals Important?
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Metals are elements, compounds or alloys that are typically hard when present in a solid state. They are usually characterized by their shiny appearance, electrical and thermal conductivity, malleability, ductility and fusibility.
More than 75% of the elements in the periodic table are metals. Although we typically think of metals as present in the finished goods we use, their origin begins beneath the earth`s surface.
Some elements such as aluminum and iron are abundant in the earth`s crust, while others such as palladium and gold are extremely rare. However, producing even the most common elements requires enormous energy and manpower.
The physical properties of metals make them ideal raw materials for building and manufacturing many essential items we use in our daily lives.
The construction sector uses metals to build bridges, homes, office buildings, railroads and airports.
The manufacturing sector uses metals to make automobiles, electronics, factory equipment, jewelry, cookware, dental equipment, protective shielding, cutlery and many other items.
Metals also play a role in the power and storage industries. They are important components in battery production and even play a vital role in the creation of nuclear energy.
What Are the Different Types of Metals?
Metals are typically grouped into one of two categories:
- Precious metals – rare, naturally occurring metallic elements
- Base Metals – metals widely used in commercial and industrial applications
A diligent selection of Metals
More than 75% of the elements in the periodic table are metals. Although we typically think of metals as present in the finished goods we use, their origin begins beneath the earth`s surface.