Gold and Silver have always been an important part of any trader's or investor's portfolio. Both metals are generally used to protect or hedge against political instability, dollar weakness, inflation and deflation. Often, traders refer to Precious Metals as a “safe-haven” as with any adverse market conditions Gold retains its value whereas other assets are volatile.

The global supply and demand of Metals plays an important role for their value. With a demand increase, Metals prices rise, and the other way around. If the demand is lower, the value of Precious Metals declines. However, this effect is felt in the longer term, and does not change the short-term prices.