PPLT Stock Recent News

Unlike many commodity ETFs, PPLT holds physical platinum bullion in London vaults, eliminating risks associated with futures contracts. Platinum has significant industrial uses (catalytic converters, jewelry) and potential as an investment asset, making it distinct from purely monetary precious metals. Platinum has historically shown a strong correlation with gold and silver, but has recently lagged their performance, suggesting potential for significant catch-up gains.

Platinum's diverse industrial uses, especially in automotive and industrial sectors, support resilient demand. Chinese investment demand for platinum is surging. Market deficits and depleting inventories suggest inevitable price increases, barring a severe economic recession, with potential long-term gains from hydrogen economy applications.

The abrdn Physical Platinum Shares ETF saw a 12% increase in ounces under management in 2024, yet the metal failed to join in the precious metal rally. Weakness in auto demand amid the shift to electric vehicles, together with falling Chinese jewelry demand, largely explain the weakness. With the metal now trading below the cost of extraction for many large miners, we are likely to see a sustainable floor in prices.

The smartest way to play platinum in your brokerage account is through ownership of the abrdn Physical Platinum Shares ETF. Historically, platinum has been priced higher than gold due to its scarcity, both serving as strong monetary and wealth hedges over the centuries. Despite recent underperformance, platinum could easily rise +50% to +100% over the next 2-3 years if supply shortfalls continue.

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Platinum has struggled to keep up with gold's price performance, with gold surpassing platinum's record high in 2024. Despite geopolitical factors, such as the war in Ukraine and sanctions on Russia, platinum's price has remained unaffected. Platinum futures are less liquid than gold and silver, which could lead to increased price volatility when platinum breaks out of its consolidation range.

There was a growing unease on Wall Street last week, caused by disappointing corporate updates from major banks, reigniting concerns about persistent inflation and the likelihood of sustained elevated interest rates.

abrdn Physical Platinum Shares ETF is a popular way for investors to buy platinum, which is currently undervalued compared to gold. Platinum has historically traded at a premium to gold, but the price relationship has inverted, presenting a potential buying opportunity. Platinum has various industrial uses and could see increased demand in the future with the rise of hydrogen fuel cell-powered vehicles.

Platinum traded higher than palladium this month for the first time in nearly six years, with expectations for a back-to-back annual supply shortage and rising demand for platinum boosting prospects for higher prices.

Platinum is a unique precious metal with diverse applications, including in the automotive industry and emerging hydrogen fuel cell technology. abrdn Physical Platinum Shares ETF offers a cost-effective and convenient way to invest in physical platinum. The PPLT ETF stands out among other platinum funds due to its liquidity, higher assets under management, and daily trading volume.