Returns You Can Expect from Precious Metal Investments in 2022

Precious metals are high-value assets that are worth a position in the investment portfolio of every consumer. With the right precious metal investment management system, you can maximise your returns. 

But, why should you invest in precious metals?

Investment decisions are often reactions to anticipated market trends. Since these decisions are based on conjecture and fear, they may turn out to be incorrect. Precious metal investments, on the other hand, are less dependent on the stock market. Therefore, investing in precious metals like gold, silver, and platinum can hold good value during times of market volatility. 

What to Expect from Precious Metal Investments in 2022?

Silver Prices to Soar in 2022

Algorithm-based forecasting services predict that silver prices will lower between September and December 2021. Silver is expected to reach almost $23 -$24 (USD) per ounce. Thus, the upcoming months of 2021 are ideal for investing in silver. 

The forecasting services have predicted that the price of silver will go up gradually throughout the following year, and at the end of 2022, the price of one ounce of silver will range between $28 to $30. 

Experts predict that the following five years may see a significant increase in the silver price. By the end of 2032, the silver price is expected to increase by 200 folds. 

Platinum – A Lucrative Investment 

Platinum is rarer than gold. It has extensive industrial uses. It is used to make catalytic converters in the automobile manufacturing industry. As vaccination rates go up, the economy is expected to surge, and as a result, annual automobile production will increase. This, in turn, will increase the platinum requirement. 

In addition to increased demand, the increasingly stricter emission rules for pollution control will further push platinum to pick up strongly. The World Platinum Council (WPIC) has predicted a sudden surge in platinum demand and there will be a shortage of over 150,000 ounces of the metal. 

The above trends will come together to make investments in platinum solid and worthwhile. Based on some predictions by professional forecasting services, the metal is expected to increase by over $1000 per ounce before the end of 2022.

Rise in Use of Hybrid Cars Increase Rhodium Demand

Singapore is on its path to phase out petrol cars. Stricter emission rules and tax incentives are encouraging consumers to invest in electric vehicles. The catalytic converter in the electric vehicle is made from platinum or Rhodium. Rhodium, like platinum, is therefore expected to see a spike in demand in the upcoming years. 

The cost of Rhodium stayed stable until 2018, after which the metal has experienced a steady increase in value. With an enormous demand for electric vehicles, the price is expected to go up further. Consumers who have invested in Rhodium in the past years will benefit enormously in 2022. 

More Reasons Why Should You Invest in Precious Metals

  • Precious metals are a highly lucrative investment option. 
  • They perform well against inflation. 
  • They deliver a more significant ROI. 
  • They are a safe way to diversify your investment portfolio. 

Talk to investment portfolio management experts who specialize in precious metals to know the nuances before investing in it.