Investing in precious metals is gaining popularity. It also brings    many tax benefits such as capital tax gains. Most of the investors are exploring the ways of investing money in different forms of precious metals. Gold has always been the most sought after precious metals by a majority of investors. However, nowadays prudent investors are turning towards other popular precious metals like Silver and Platinum to diversify their portfolio.

 

Investing in Silver bullion bars

 

Many people are considering silver bars and coins as great option for investment because it is not as risky and expensive investment as gold. Most of the people can afford bulk investments in silver bullion bars. Silver bullion bars ensure you have healthy financial portfolio even during economic instability. These bars are available in a variety of weights ranging from 1 ounce to 1000 ounce having 99.9% as purity of the silver. It is recommended to track the spot price of Silver to make prudent investment.

 

Investment in Platinum bars

 

While investment in gold and silver is popular among investors across the globe, investment in platinum is also blooming nowadays. Though platinum has a very short financial trading history associated with it in comparison to Gold and Silver, but today there is growing fascination among investors to invest in platinum to diversify their investments. There has been tremendous demand for platinum coins and bars in the past few years. It has also led to increase in the prices of platinum bars and coins.

 

It is easy to buy, sell and store platinum bars and coins and they are also traded worldwide. Platinum is also time tested precious metal to provide hedge against economic instability, inflation and geo political risk. Platinum is also industrial metal significantly utilized for diesel autocatalyst production.

 

Any increase in the demand and lack of demand drastically fluctuate the prices of platinum bars and coins. Such inherent volatility tends to provide prolific trading opportunities. While looking for platinum bars for sale, it is recommended to look for platinum that is stamped .9995 fine (99.95% pure) platinum.

 

If you are looking to invest in 1 oz. platinum bullion coins, then highly recommended are U.S. Mint Platinum American Eagle Coins, Canadian Platinum Maple Leaf Coins, Australian Mint Platinum Koala Coins and Isle of Man Platinum Noble Coins. 1 oz. and 10 oz. platinum bullion bars. Whether you wish to buy silver bars or looking for Platinum bullion bars for sale, it is essential to buy them only from reputed and authorised dealers to get the worth of money invested.