"GraniteShares Platinum Trust holds physical platinum bullion directly, meaning when platinum moves, PLTM moves with it. Over the past year, the fund gained 89%, driven by industrial and investment demand."
"The fund carries a 0.5% expense ratio and has $330 million in net assets, making it a reasonably liquid vehicle for a niche commodity. It launched in January 2018 and pays no dividend."
"Silver Miners ETF takes a fundamentally different approach by holding the equities of companies that mine silver and related metals globally, which introduces operational risks."
Silver mining stocks have increased by 124% over the past year, while platinum and palladium have risen by 89% and 48%, respectively. Currently, all three are experiencing a pullback amid market volatility. The GraniteShares Platinum Trust holds physical platinum bullion, directly reflecting platinum's price movements, but has seen a decline of 9% year-to-date. The iShares MSCI Global Silver and Metals Miners ETF offers exposure to mining equities, which can provide leverage to silver prices but also introduces operational risks. Investors must consider the specific ETF and market conditions when deciding to hold these assets.
Read at 24/7 Wall St.
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