PPLT Stock Recent News

Commodities are on a two-year winning streak over stocks and some market observers believe more upside is in store for commodities in 2023. Count platinum as one that's starting the new year in an upbeat fashion.

The broader market kicked off 2023 on a moderate note. These ETFs can be good picks for the month January.

Platinum has underperformed the precious metals sector for years. Platinum has been consolidating around the $1,000 per ounce level.

Palladium has been outperforming other precious metals by a healthy margin this year and is expected to continue this trend.

All things considered, precious metals have not fared too badly in H1. We discuss the investment case of PPLT.

The move away from fossil fuels, investors' focus on climate change, and the war in Ukraine are causing supply scarcity for oil and natural gas, metals, grains, and other commodities. This, in turn, is leading to more investors turning to commodity ETFs in large numbers to diversify their portfolios.