Metal Commodities

Silver: Silver, like gold, is another precious metal that has monetary applications. The British currency, the pound sterling, is still named after this metal. Silver also has applications in industry (such as electrical wiring) that places it in a unique position of being coveted for both its precious metal status and its industrial uses.

Platinum: Platinum, the rich man’s gold, is one of the most valuable metals in the world, used for everything from jewelry to the manufacture of catalytic converters.

Steel: Steel, which is created by alloying iron and other materials, is the most widely used metal in the world. Used to build everything from cars to buildings, it’s a metal endowed with unique characteristics and offers good investment potential.

Aluminum: Perhaps no other metal has the versatility of aluminum; it’s lightweight yet surprisingly robust. These unique characteristics mean that it’s a metal worth adding to your portfolio, especially because it’s the second most widely used metal (right behind steel).

Copper: Copper, the third most widely used metal, is the metal of choice for industrial uses. Because it’s a great conductor of heat and electricity, its applications in industry are wide and deep, making this base metal a very attractive investment.

Zinc: The fourth most widely used metal in the world, zinc is sought after for its resistance to corrosion. It’s used in the process of galvanization, in which zinc coating is applied to other metals, such as steel, to prevent rust.

Scrap: Scrap consists of recyclable materials left over from product manufacturing and consumption, such as parts of vehicles, building supplies, and surplus materials. Unlike waste, scrap has monetary value, especially recovered metals, and non-metallic materials are also recovered for recycling.