How to invest in platinum
17 January 2024
Rarer than gold and with unique properties, in demand as both an industrial and precious metal, there are many reasons to consider platinum as an investment. As well as being a long-term store of value it can also act as a currency hedge and a portfolio diversifier, depending on investment goals.
Supply and demand fundamentals are a further consideration; the platinum market is currently in deficit due to strong demand drivers, including the growing hydrogen economy, and constrained supply. Like gold, platinum is a hard asset that investors can turn to at times of increased risk.
Investment options
Platinum investment demand is met by a range of investment products: for example, physical bars and coins, and physically-backed on-line bullion accounts and exchange traded funds. Indirect ownership can be achieved through the futures market and by investing in the stocks and shares issued by platinum group metal mining companies.
A new infographic from the World Platinum Investment Council provides information on the different ways it is possible to invest in platinum.
Contacts:
Brendan Clifford, Institutional Distribution, [email protected]
Vicki Barker, Investor Communications, [email protected]
Edward Sterck, Research, [email protected]
WPIC does not provide investment advice.
Please see disclaimer for more information.
