Gold's appeal has endured through the ages since the inception of the international gold standard as the first monetary system in the 17th century. Its value as an inflation hedge has been boosted by recent financial turmoil as investors sought refuge in the traditional safe haven asset.
All that glitters is not just gold but the prices of base metals have also enjoyed a rapid rise as the booming twin economies of China and India fuelled their demand.
We offer a wide range of industrial metal contracts including non-ferrous metal forward contracts as well as exchange-traded metals futures on COMEX and NYMEX. At Phillip Futures, we provide trade execution and clearing services on industrial metals contracts to producers, professional commodity investors, consumers, retail investors, arbitragers and speculators.
Precious Metals
With Phillip Futures, customers can venture into the world of precious metals with ease and accessibility. We offer different precious metals products for customers to meet their unique investment objectives and trading needs. Precious metals can be used as both a trading vehicle and a wealth management tool.
Why Trade Precious Metals?
Gold has been a symbol of power and wealth and a store of value since the beginning of time. Virtually indestructible, Gold is an asset class that is durable & highly liquid. Given its low correlation with other asset classes, Gold often serves as the most optimum potential safe haven from uncertainties of economic events, political unrest and high inflation. Investment into gold offers investors an attractive opportunity to diversify their portfolio potentially reducing overall portfolio risk and ultimately, portfolio wealth.
Silver’s value as a precious metal of choice was long considered only second to Gold. Silver is a luxury item purchased by customers for its uses in jewelry and silverware. A hybrid between an industrial and precious metal, Silver is also used in the manufacturing of products and silver consumption has outpaced new production in recent years. This situation probably cannot persist forever without demand for Silver falling or production supplies and prices rising.
Platinum, the noble metal, is the most popular of six metals collectively known as the platinum group metals (PGMs). The others include palladium, rhodium, ruthenium, iridium and osmium. Platinum is used in a wide range of applications; the major use currently is as auto catalysts and as a catalyst in the refining of crude oil into its constituent products. It is thus important for its related industries to hedge against the potential rise in Platinum prices.
Palladium, the sister metal of Platinum, is used along side many applications with Platinum. The largest use of Palladium today is in catalytic converters. Much research is in the progress to discover ways to replace the much more expensive Platinum with Palladium in this application. Palladium is one of the two metals which can be alloyed with Gold to produce white gold as jewelry. Palladium is also being used in electronic connectors and semiconductors.
Base Metals
Known as an important raw material in industries ranging from construction, automobiles to shipping, it is important for suppliers and consumers to hedge their products against futures price movements.Investors can gain exposure to base metals commodities such as Aluminum, Copper, Lead, Nickel, Zinc and Iron Ore through trading futures and forward contracts. At Phillip Futures, we offer trade execution on Industrial Metals contracts on various exchanges such as COMEX, NYMEX and SGX Asiaclear®. We offer the non-ferrous metal forward contracts as well as the exchange-traded metals futures.
Why trade Base Metals?
Copper was one of the first metals worked by man. The raw material can be easily mined and fashioned into primitive utensils, tools and weapons. It has been found to be a very efficient conductor of electricity and offers good resistance to corrosion.Copper is now the world's third most widely used metal, after iron and aluminium. Worldwide mine production exceeds 17 million tonnes and there are huge resources, both land and sea-based.
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