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Precious Metals

Learn about different metals

  • Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries, until recent times.

  • The earliest known coins were minted in the kingdom of Lydia in Asia Minor around 600 BC. The coins of Lydia were made of electrum, which is a naturally occurring alloy of gold and silver, that was available within the territory of Lydia.

  • Platinum as an investment is often compared in financial history to gold and silver, which were both known to be used as money in ancient civilisations. Experts posit that platinum is about 15–20 times scarcer than gold and approximately 60–100 times scarcer than silver, on the basis of annual mine production.

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