![]() ![]() Platinum prices have been rising with other commodities lately, and as a result, PPLT is up 9.4% for the year-to-date. ![]() Platinum is a fascinating material because it is actually more valuable per ounce than gold, and as a result follows many of the precious metal market trends.īut platinum isn't just pretty and valuable – chemically speaking, it is a dense, malleable and unreactive metal that makes it well-equipped for specialized applications including catalytic converters and fuel cells. The commodity fund has about $1.2 billion in assets under management and provides investors a direct play on physical platinum. However, the Aberdeen Standard Physical Platinum Shares ETF ( PPLT (opens in new tab), $98.35) is worth noting. You may not have necessarily heard of smaller asset manager and fund sponsor Aberdeen. Learn more about SLV at the iShares provider site.Īberdeen Standard Physical Platinum Shares ETF Silver prices have dropped off a bit since then, but this illustrates the potential of a well-timed investment in the silver fund. Of course, while that could mean deeper losses if volatility swings the wrong way, it could also mean big-time profits if you time things right.Ĭase in point: From early May 2020 through late August of that same year, SLV nearly doubled on hopes of both inflationary pressures and rising demand thanks to a recovering economy. This lower per-unit pricing and baseline industrial demand means silver sometimes can experience a lot more short-term volatility than gold. Similarly, silver is popular in many commercial applications including its use in electronics and various chemicals. Similar in many ways to the aforementioned gold fund, the iShares Silver Trust ( SLV (opens in new tab), $22.40) is a popular commodity fund that holds physical silver and aims to track the performance of this precious metal.īut while both gold and silver are popular hard assets, it's important to note that silver generally trades for a fraction of gold prices – like, in the low double-digit range per ounce compared with gold that currently is trading in the ballpark of $1,900 per ounce. Learn more about GLD at the SPDR provider site. On a 12-month basis, though, GLD is up a more modest 9.5%, underperforming the broader equities market.Īnd if red-hot inflationary trends continue, this gold fund could prove to be a decent hedge against rising prices. ![]() Shares of the SPDR Gold Trust have made a beeline higher in recent weeks amid rising tensions between Russia and Ukraine, and are up nearly 6% since late January – compared to a roughly 3% decline for the S&P 500 Index. However, with more than $62 billion in assets under management, you simply cannot find a deeper and more established gold commodity fund than GLD. This commodity ETF admittedly has plenty of competitors on Wall Street, including the cheaper bullion-backed iShares Gold Trust ( IAU (opens in new tab)) that offers a lower annual expense ratio and the VanEck Merk Gold Trust ( OUNZ (opens in new tab)) that allows investors to redeem shares for physical gold if they want to take delivery of this precious metal instead of just trading paper. Gold is perhaps the most popular hard asset on the planet, and the SPDR Gold Trust ( GLD (opens in new tab), $176.55) is the most popular way to play this commodity directly, as the fund tracks the performance of gold bullion prices. Expenses: 0.40%, or $40 annually for every $10,000 invested. ![]()
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