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The Precious Metals market is a sector of the commodities market that deals with the trading of precious metals such as gold, silver, platinum, and palladium. Precious metals are often used as a form of investment, as they are seen as a safe-haven asset in times of economic uncertainty.
The Precious Metals market is highly liquid, meaning that it is easy to buy and sell the metals. Prices are determined by supply and demand, and the market is influenced by a variety of factors such as geopolitical events, economic conditions, and currency fluctuations.
Some of the major players in the Precious Metals market include the London Bullion Market Association, the World Gold Council, and the Shanghai Gold Exchange. Other companies involved in the market include the Royal Canadian Mint, the Perth Mint, and the United States Mint. Show Less Read more