Precious metals

The precious metals markets are highly liquid and have good turnover every day. It is a global market with trading done over-the-counter, on exchanges and in physical and derivative forms. Gold has been seen as a hedge against global uncertainties. It has also been considered as a hedge against inflation. The trading of gold is popular with speculators and hedgers both short and long term due to the good liquidity and round-the clock trading of gold and its derivatives.