|Bid||77.36 x 1100|
|Ask||77.44 x 1000|
|Day's Range||76.25 - 77.49|
|52 Week Range||71.92 - 86.44|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.16|
|Expense Ratio (net)||0.60%|
The Aberdeen Standard Platinum Shares ETF (NYSEArca: PPLT) is up 7.11% year-to-date and robust demand is seen as one of the factors boosting platinum this year. Platinum is primarily used in catalytic ...
Platinum prices surged to 10-month highs after investors turned their attention to the precious metal as an alternative to the seemingly overbought palladium. Chinese equities enjoyed sizeable inflows as government stimulus and trade optimism acted as catalysts to a comeback of economic growth. Crude oil’s remarkable 2019 run spurred interest in leveraged bets while Europe’s common currency is confined by ECB’s dovish approach. Check our previous trends edition at Trending: Palladium Continues Record Run as Supply Worries Intensify.
As investors consider potential risks ahead, many are looking to ETF strategies that cover alternative assets like precious metals and commodities to help diversify a traditional stock and bond portfolio mix.
Market Freaks Out Over Yield Curve Inversion A Bit Prematurely In what looked like a positive feedback loop on Friday, long term interest rates began to crash, sending the S&P 500 (NYSEARCA:SPY) down nearly 2% and holding at the 2,800 support level. The 10Y Treasury yield was down over 10 basis points, while short term […]The post Market Morning: Yield Curve Hysteria, Bitcoin Trading Faked, Brexit Goes Bananas, Mueller Report Out appeared first on Market Exclusive.
Palladium prices and precious metals-related ETFs pushed toward new heights as the threat of strikes in South Africa tightens the supply outlook for the metal. On Monday, the Aberdeen Standard Physical ...
Honda Is Shipping Out of the UK Honda (NYSE:HMC) is packing up and closing its Swindon factory by 2022, insisting that it has nothing to do with Brexit. The fact that it’s closing in 2022 and not, like, right now before Brexit takes place illustrates that Honda was probably looking for an excuse to get […]The post Market Morning: Honda Flees UK, Trump Sued, Metals Fly, JPMorgan Goes Crypto appeared first on Market Exclusive.
Palladium was the toast of the town in precious metals in 2018 and gold is starting to make a resurgence, but Pacific Investment Management Company (PIMCO) suggests giving platinum a second look. Platinum prices fell 14 percent last year and is currently priced at just over $800 per ounce compared to gold and palladium, which are both over $1,300 an ounce. “Platinum is relatively unloved and relatively cheap compared to other precious metals," said Nic Johnson, Pimco’s managing director and portfolio manager for commodities.
Among precious metals and the related exchange traded funds, gold usually gets the most headlines and last year, palladium join the party with an epic yearly performance. This year, commodities investors ...
PHILADELPHIA , Jan. 16, 2019 /PRNewswire/ -- Aberdeen Standard Investments (ASI) will showcase its New York Stock Exchange (NYSE)-listed commodity exchange traded funds (ETFs) to the market by ringing ...
Learn why the midterm elections may result in "risk-off" market conditions, and explore three precious metal ETFs set to benefit from a divided Congress.
The weakness in gold is making its way to other precious metals and the related exchange traded funds. With Friday's loss, PPLT slumped by about 6.5% last week, extending its monthly loss to nearly 5% and its year-to-date loss to over 16%. “Platinum prices tumbled to 10-year lows as the collapse of Turkey's lira rippled through markets and weakened the currency of top producer South Africa, underlining persistent oversupply of the autocatalyst metal,” reports Reuters.