|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's Range||136.00 - 136.71|
|52 Week Range||79.61 - 136.71|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.04|
|Expense Ratio (net)||0.60%|
The palladium exchange traded fund was pushing toward new record highs, with palladium prices closing above $1,400 for the first time on record, after one of the industry's biggest consumers of precious metals projected a widening supply deficit in 2019. In its recent Platinum Group Metals market report, Johnson Matthey argued industrial demand would outstrip supply by almost 1m ounces in 2019 due to surging demand on stricter emissions standards, the Financial Times reports. Palladium is key component used by the car industry in catalytic converters fitted in petrol-powered vehicles to diminish harmful greenhouse gas emissions.
The SPDR Gold Shares (NYSEArca: GLD), the largest physically backed gold-related exchange traded fund, has traded modestly higher this year while the Aberdeen Standard Phys PalladiumShrs ETF (NYSEArca: ...
The Dow Jones Industrial Average fell 300 points on Tuesday, giving safe-haven assets like gold a boost through leveraged exchange-traded funds (ETFs) like the Direxion Daily Jr Gold Miners Bull 3X ETF ...
Supporting the recent price surge in the palladium market, traders grew wary of potential supply concerns out of Russia in response to President Donald Trump’s plans to pull out of a nuclear treaty with Moscow. Trump said late last year that Washington will step away from an intermediate-range Nuclear Forces Treaty with Russia, claiming that Moscow has been violating the treaty. “The precious metal, primarily used in the auto industry for catalytic converters, has surged more than 65 percent since the middle of August,” reports Bloomberg.
The Palladium metals-related ETF has hit a record high, with the palladium spot prices breaking above $1,400 for the first time ever, as industrial demand outstripped supply in the market. “The palladium market is laboring under production-consumption deficits,” James Steel, chief precious metals analyst at HSBC, told Reuters. Steel pointed to policy initiatives out of China, the biggest auto market, that are supportive of palladium's demand outlook.
"In the long run, we believe that palladium will continue to benefit from exceptionally strong supply/demand, resulting in yet higher prices," said George Gero, managing director at RBC Wealth Management. PALL rose 2.47 percent while GLD gained 0.33 percent. PALL is trading well above its 200-day moving average as the price of palladium bested gold for the first time in 16 years during the month of December.
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 ...
Last year brought a near-complete devastation on the markets. Finding investment opportunities with strong upside performance has proven difficult due to concerns about domestic and global economic stability. But within this malaise, the markets have opened doors for critical commodities to buy. Unlike the equities sector, physical assets have no shareholders in the traditional sense of the word. They also lack a board of directors, a management structure and disgruntled employees. When looking at a list of commodities to buy, you have one assurance: your target asset will trade on its fundamentals, and not on unforeseen, ancillary events. Another advantage in this sector is its consistent framework. While even the best commodities can trade irrationally, they usually move based on logical expectations. For instance, fear and uncertainty has recently gripped Wall Street. As a historical safe-haven asset, gold features an inverse relationship with market sentiment. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Sure enough, the spot price for the yellow metal has jumped over 7% since the beginning of October. On the other hand, the Dow Jones Industrial Average has slipped nearly double digits over the same period. Even today we saw a significant increase in gold futures as doubts continue to build regarding the current health of the market. Still, I want to present a reasonable warning: gambling on physical goods is a tough venture. No matter what the asset, an unexpected catalyst -- political unrest, supply chain disruption, etc. -- can ruin a great thesis. * 10 A-Rated Stocks the Smart Money Is Piling Into That said, an unexpected catalyst could also skyrocket your portfolio. It's this fine line between euphoria and despair that keeps speculators coming back for more. If you've got nerves of steel, here are my picks for best commodities to buy: ### Palladium Source: Shutterstock Admittedly, what I'm about to say sounds silly, but I've got an inkling most of you share my opinion: the best commodities to buy are those you can hold in your hand. Intrinsically, there's something special about going home from the local coin shop with an American Silver Eagle, for instance. Each bullion product is carefully crafted, providing you with a tangible investment. What do you get when you invest in a company or an exchange-traded fund? A mere digital record. In terms of physically and easily accessible investments, I'd go with palladium. From a historical perspective, palladium has significantly outperformed other precious metals, even during sector downturns. Since the start of October, palladium is up nearly 20%. The other catalyst is geopolitical. Russia produces the most palladium, followed by South Africa. From there, all other sources' production rate falls off a cliff. Needless to say, we have poor relations with Russia. However, we also have a negative stance on South Africa, especially due to its controversial land-appropriation policy. What this translates to is a supply squeeze, which is positive for palladium prices. For those that want digital exposure, check out either the ETFS Physical Palladium Shares (NYSEARCA:PALL) or the Sprott Physical Platinum and Palladium (NYSEARCA:SPPP). ### Uranium Source: Shutterstock In our rapidly-growing world, next-generation technologies have infiltrated almost every corner of our lives. But the mechanisms to feed this revolution are decidedly archaic. For instance, we burn fossil fuels to extract usable energy. If President Trump had his way, every neighborhood may have its own coal mine. But no other energy source generates as much controversy as uranium. Thanks to high-profile incidents and disasters such as Chernobyl, Three Mile Island, and most recently, Fukushima, the public is wary of this double-edged sword. Yes, uranium provides our energy needs, but chaos is theoretically only one oversight away from exploding. Still, I have the view that over the long-term, uranium represents one of the best commodities to buy. It all boils down to cost-effectiveness. I look at the energy issue from a basic, scientific reality: more work requires more energy. That's why if you have a new year's resolution to get fit, you must break a sweat. These days, we're seeing a push into green energy sources, namely wind and solar. On paper, these formats represent free energy. In reality, as The Economist has demonstrated, the costs associated in either installation or maintenance make them economically inefficient. * 7 Pharmaceutical Stocks That Just Raised Prices This Year As controversial as this sector is, uranium provides gobs of power for a relatively cheap price. Money talks and the smelly stuff walks. If you're interested in going nuclear, your best bet is Global X Uranium ETF (NYSEARCA:URA). ### Lithium Source: fdecomite via Flickr To me, lithium stands out as a no-brainer among the best commodities to buy. While not the rarest of elements, lithium forms the backbone of electric-vehicle batteries. Whether you like Tesla (NASDAQ:TSLA), Nio (NYSE:NIO), or some other manufacturer, the consensus is clear: EVs and their lust for the silvery white metal won't fade. So why did its demand fall off a cliff last year? In 2018, the Global X Lithium ETF (NYSEARCA:LIT) lost a staggering 30%. Worse yet, LIT remains mired in a bearish trend channel. The problem catapulted due to a perfect storm of headwinds. While lithium demand from EVs consistently remained strong, the mining community overproduced the asset. That led to a sudden supply glut that pressured the spot price. Second, deteriorating economic conditions forced many lithium companies in China to dump the metal. That triggered further downside on an already bearish environment. Finally, unfavorable currency fluctuations hurt all commodities to buy, not just lithium. A stronger dollar typically imposes deflationary pressure on physical assets. Nevertheless, I think it's a mistake to read too deeply into the current volatility. Most car companies recognize the dramatic potential for EVs. As a result, the majors all have invested significant money into their EV programs. It's only a matter of time before rationality bolsters this market. As of this writing, Josh Enomoto is long gold, silver and palladium. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Key Emerging-Market Stocks to Buy for Contrarian Investors * 7 Stocks at Risk of the Global Smartphone Slowdown * 7 Pharmaceutical Stocks That Just Raised Prices This Year Compare Brokers The post 3 Best Commodities to Buy Right Now appeared first on InvestorPlace.
The Aberdeen Standard Phys PalladiumShrs ETF (PALL) was easily one of 2018's best-performing commodities exchange traded funds. Despite a modest break in its bullishness on Thursday, the palladium is roaring higher to start 2019 with a 5.61% gain over the past week. Supporting the recent price surge in the palladium market, traders grew wary of potential supply concerns out of Russia in response to President Donald Trump’s plans to pull out of a nuclear treaty with Moscow.
Up more than 16% year-to-date and recently home to some all-time highs, the Aberdeen Standard Physical Palladium Shares ETF (PALL) is easily one of 2018's best-performing commodities exchange traded funds. Some commodities market observers believe palladium can keep its shine in the new year. PALL seeks to reflect the performance of the price of physical palladium, less the Trust’s expenses. The fund is designed for investors who want a cost-effective and convenient way to invest in palladium with minimal credit risk.
Palladium and the Aberdeen Standard Physical Palladium Shares ETF (NYSE: PALL) did not get that memo. Up nearly 18 percent in the fourth quarter, PALL resides just 4.09 percent below its recently set 52-week high. Palladium's recent surge had the white metal trading at prices higher than gold earlier this month, marking the first time since 2002 that palladium prices topped gold.
Money managers who are interested in the ETF space have also partnered up with providers with a stable foothold to expand their own product lines and gain access to a wider investment audience. For example, Aberdeen Standard Investments earlier this year acquired the U.S. business of ETF Securities, which has been known for its line of physically backed precious metals-related ETFs. "We refocused our efforts back to the U.S., which led Aberdeen to the purchase of ETF Securities.
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.
Palladium and related ETFs climbed Monday, pushing toward their record levels last seen since January as supply concerns helped prop up the white metal. The ETFS Physical Palladium Shares (PALL) rose 3.4% Monday, with the palladium spot price up 3.4% to around $1,120 per ounce. R. Michael Jones, chief executive officer of Platinum Group Metals Ltd., argued that palladium, which is widely used in catalytic converters to reduce pollution emissions for gasoline-powered automobiles, has reached an "important glass ceiling" on the charts, MarketWatch reports.
While gold has been stuck in the doldrums, palladium and related exchange traded fund have been rallying since the August lows, recently breaking back above their long-term trend lines. The ETFS Physical Palladium Shares (PALL) rose 0.8% Monday and increased 14.9% over the past month, with the palladium spot price now hovering around $1,061 per ounce, its highest level in almost seven months. In comparison, the SPDR Gold Shares (NYSEArca: GLD) was only up 0.4% over the same period.