The price of gold is up 28 percent in 2016, and the price of silver has increased 47 percent.
One of the most popular gold ETFs, the SPDR Gold Shares Trust (GLD), has seen assets increase by 28 percent, or by more than US$20 billion, this year alone.
Regular Truewealth readers know precious metals are widely considered “safe havens” for investors – a form of insurance when financial markets go through periods of big uncertainty.
We’ve recommended investing in each of gold, silver and platinum in recent months. And there’s another precious metal worth looking at – palladium.
Palladium is found in the earth’s crust and is known for its high melting points, resistance to corrosion, and physical strength. It is about 15 times rarer than platinum and 30 times rarer than gold.
The price of palladium is up by about as much as gold this year. It’s lagged silver’s performance and is slightly behind platinum, which is up 31 percent in 2016 so far.
http://truewealthpublishing.asia/why-this-precious-metal-isnt-shining-so-bright-now/
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