A Bull Market phase is a time of opportunity for precious metal traders. The term can refer to the overall state of the Stock Market or to a specific commodity like gold or platinum. It’s characterised by rising prices and investor optimism, as opposed to the state of pessimism that pervades during a Bear Market phase. During Bull Market periods, prices continue to rise steadily and future forecasts are good. Buyers can expect to see profits of up to 20% over a relatively short period.