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Nov 25

The hottest commodities worth watching right now

Reading Time: 2 mins

Whether you are new to trading or are an old hand in the game, commodities can and will always be appealing to invest in. Commodity investments are those that largely lend themselves to physical resources, such as gold, silver and even foods.

However, commodity values have increased and decreased in value over the years. The gold boom in recent times seems to come and go — and it can be difficult to know what’s ‘hot property’ and what isn’t. It’s always worth planning ahead — such as looking into an AvaTrade Broker Review if you’re just getting started. WeCompareBrokers is an engine to potentially look at if you’re starting out.

Back to commodities — let’s take a look at a few of the high-flying investments worth looking into during late 2021 and early 2022. Of course, one of the best courses of action is to niche down and find specific stocks within your chosen commodity too.

 

Gold

In general, several sources suggest that gold is still very much a reliable commodity to look for. Some experts suggest that gold is worth investing in purely for the fact that it is lower in the volatility stakes than many other commodity assets.

Beyond that, gold has proven to offer incredible value over the years. It’s great for diversifying your portfolio and tends to be fairly resilient in times of inflation flux. Therefore, if you are just getting started in commodity investment, gold tends to be a safe bet.

Barrick Gold, for example, is a seemingly solid choice thanks to recent mergers giving this stock extra strength.

 

Uranium

Uranium is such a popular commodity largely due to the ongoing rise of nuclear power. Without uranium as a commodity, nuclear fuel could fall to a standstill. Nuclear is popular due to its relatively sustainable nature — safety risks notwithstanding when it comes to waste.

Uranium commodities served up by the likes of Cameco or CCJ, are probably safe bets for the foreseeable future. Nuclear power is showing no sign of slowing down, however, uranium is naturally more scarce than gold, so it’s likely to be more volatile.

 

Platinum

Metals, in general, tend to be very popular in trading circles. However, platinum appears to be picking up dramatic investment in just the past few years. You only have to look at the incredible success of the Sibanye-Stillwater stock to see how much interest there is in platinum right now. They’ve seen an 87.3% uptick in profit from year on year.

Platinum seems to be fairly steadfast. Many experts believe that it may be on route to doubling in value in the years to come, so now may be the best time to get involved.

 

This is a really exciting time for trading. Whether you are looking into NFT trading, cryptocurrencies or otherwise, it’s always worth heading back to traditional commodities for reliable returns. Who knows how much money you could make in the year to come with some shrewd research?

 

Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.

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