Precious metals ETFs provide investors with exposure to precious metals, making them a strategic choice for hedging against inflation. They are particularly influenced by the industrial demand for precious metals, with funds like GraniteShares Platinum Trust (PLTM) showcasing significant returns linked to platinum prices. PLTM has demonstrated a 9.7% annualized return over the past five years, spurred by a reduction in platinum supply. As economic conditions remain strong, these ETFs can yield competitive returns for investors seeking to diversify their portfolios with precious metals.
Precious metals ETFs, particularly those linked to platinum, can act as a robust inflation hedge and provide attractive long-term returns if the economy remains stable.
GraniteShares Platinum Trust (PLTM) closely tracks platinum prices, showing significant performance with a 9.7% annualized return over the last five years alongside a notable demand increase in the auto industry.
The recent reduction in platinum supply has led to its most significant monthly gain in nearly 40 years, underlining its recovery as an alternative to gold jewelry.
While PLTM offers no yield and has a 0.50% expense ratio, it successfully reflects the daily price movements of platinum, making it a compelling investment option.
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