Precious metals like gold and silver are rare, non-renewable metals serving as a symbol of wealth, are usually referred to as “safe haven” metals, and are tools of investments during times of war and turmoil. Ongoing uncertainty in the financial markets usually aids safe haven products, and hence there will always be some form of demand for precious metals. They are also usually effective against depreciation of fiat currencies, and since they have intrinsic value won’t be valued just as a medium of exchange. To trade precious metals, it can be done using CFDs, which are Contracts for Difference in the price of gold and silver.