Beyond Silver: Lesser-Known White Metals Worth Investing In

 

A surprising variety of precious metals are naturally white or close to this color with hints of gray in the mix. While everyone knows about silver, which has a white-gray hue, some lesser-known white metals are just as appealing. Keep reading as the experts from First National Bullion, the best place to buy gold in San Diego, highlight some of these below.

Meet the Other White Metals

Palladium is one of the more precious of the lesser-known white precious metals. Other white metals besides silver include white gold, which is less valuable than traditional gold, platinum, and rhodium.

Palladium


Palladium is a rare silvery-white metal in the platinum group of elements. It’s primarily used in industrial and electronic products, dentistry, and medicine. Palladium now trades at approximately $750 an ounce, and it peaked at nearly $1,100 in early 2001 due to supply shortages.

PGMs

The investment potential for platinum group metals (PGMs) is impressive regardless of whether you’re new to precious metals investments or a seasoned investor. The platinum group metals are platinum, palladium, rhodium, ruthenium, osmium, and iridium, which share similar chemical and physical properties.

The demand for PGMs is high mainly due to industrial usage. China, in particular, relies heavily on these metals for car manufacturing. Couple this demand with supply issues, and it’s easy to see why the prices for these metals remain consistently high. In South Africa, which produces most of the world’s PGMs, labor strikes are fairly common, which further contributes to shortages and high demand.

White Gold & Rhodium

White gold isn’t naturally occurring. It’s created by mixing pure gold with other white metals, such as nickel, palladium, or silver. White gold bars aren’t as widely available as more popular gold bars. However, some commemorative white gold bars tend to become collector’s items, and some of them are highly prized by collectors.

Rhodium is a rare silver-white metal that’s corrosion resistant and highly reflective. It’s a unique precious metal, since it’s expensive, volatile, and rare. During the economic crisis of 2008, rhodium hit an all-time high at $10,025 per ounce. Rhodium bullion is considered a good anchor investment that can offer long-term protection for all your precious metal assets.

The Rest of the Other White Metals

Solid metallic, ruthenium is a silvery-white precious metal. It’s incredibly rare, although it’s available in bars. Osmium is a gray-white metal. It’s brittle and difficult to work with, even at high temperatures. Iridium is a rare, dense, and corrosion-resistant transition metal. Bars can be found if you take the time to look.

While you may not want to invest in only one kind of precious metal, you can still round out your portfolio with PGMs and even white gold. Talk to a financial advisor specializing in precious metals for more advice specific to your needs and budget. 

 

No matter what type of precious metals you’re looking to buy or sell, from palladium bars to platinum coins or San Diego silver bars, trust the reputable dealers at First National Bullion. You can rely on our experienced professionals when you’re looking to add precious metals to your collection or investment portfolio. Call one of our precious metals experts today.

 

The statements made in this blog are opinions, and past performance is not indicative of future returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same in cash value depending on a variety of factors. First National Bullion does not guarantee, and its website and employees make no representation, that any metals for sale will appreciate sufficiently to earn the customers a profit. The decision to buy, sell, or borrow precious metals and which precious metals to purchase, borrow, or sell are made at the customer’s sole discretion.