|Bid||87.25 x 1200|
|Ask||87.80 x 1100|
|Day's Range||87.00 - 88.36|
|52 Week Range||73.88 - 93.47|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||18.22%|
|Beta (5Y Monthly)||0.42|
|Expense Ratio (net)||0.60%|
With palladium prices exploding the last few years while staples like gold and silver continue to see interest in times of market volatility, platinum may not have the attention of investors. “Platinum futures in the January contract settled last Friday in New York at $900 an ounce currently trading at 892 down about $8 for the trading week as prices are stuck in a 3 week consolidation pattern,” said Michael Seery of Seery Futures. “Volatility at the current time is relatively low as prices remain mixed to choppy so keep a close eye on this market as we could possibly be involved in the coming days ahead,” Seery added.
The Aberdeen Standard Platinum Shares ETF (PPLT A) and the GraniteShares Platinum Trust (PLTM C) are each up about 12% this year, which is enough to make the platinum ETFs laggards among precious metals ETFs. However, some commodities market observers believe platinum can capture some momentum into year-end.
The Aberdeen Standard Platinum Shares ETF (NYSEArca: PPLT) and the GraniteShares Platinum Trust (PLTM) are each up about 12% this year, which is enough to make the platinum ETFs laggards among precious ...
Seemingly lost in the fervor surrounding gold ETFs is the fact that platinum equivalents are on torrid paces of their own. While they retreated last Friday, the Aberdeen Standard Platinum Shares ETF (NYSEArca: ...
Platinum-related ETFs surged Wednesday as China considers loosening restrictions on vehicle purchases in an attempt to stimulate growth amid ongoing troubles over the trade war with the U.S. Among the ...
Gold and the related exchange traded funds are performing well while palladium and its ETF are on torrid paces this year, but the Aberdeen Standard Platinum Shares ETF (PPLT) . Some commodities market observers believe that is poised to change. Platinum is primarily used in catalytic converters in diesel-powered automobiles, but environmental concerns tamped down demand for the precious metal.
The Aberdeen Standard Platinum Shares ETF (NYSEArca: PPLT) is up about 2% year-to-date. While that is obviously better than a loss, PPLT’s 2019 performance, to this point, has lagged behind those of comparable ...
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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.
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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 ...
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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 ...