3.Why do people invest lot of money in gold, silver, and platinum and not in any other metal? Give your reason.
Answers
Answer:
Because all the other metals oxiziding unlike gold silver and plantinum plz mark me brainlist
Answer:
Silver and gold have been regarded as some of the most valuable commodities for ages. This idea still holds true in the present period; gold and silver are still quite valuable and, more significantly, they still perform well in times of depression and economic change.
Explanation:
Compared to the majority of other assets, gold and silver have extremely high liquidity. Due to their great worth, it is quite simple to exchange them for cash. Furthermore, it is just as simple to convert them wherever you are in the world. Additionally, you will continue to get the appropriate value in cash form.
The first is that a lot of metals are chemically reactive. This implies that when exposed to air, moisture, and especially human bodies, they may tarnish or rust (if worn as jewelry).
Gold, platinum, and similar metals like iridium and rhodium have a reputation for being remarkably unreactive. Many other people aren't. Although "pretty inert," silver is not entirely inert.
With time, it will tarnish. If not handled, copper and its alloys (brass and bronze) will pit and corrode because they are significantly more reactive. Platinum For the following reasons, jewellery is made of gold and silver. They are extremely shiny metals that don't corrode.
They may be molded into any shape or pattern due to their extreme malleability and ductility.
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