CUR - SPPP: Platinum Group Metals Remain Under Pressure

2024-07-02 13:25:14 ET

Summary

• Platinum and palladium prices have struggled to surpass $1,000 per ounce recently, with palladium experiencing a significant decline since reaching a record high in 2022.
• Gold and silver have been in bull markets, with silver reaching its highest price in nearly 12 years and gold hitting a new record peak.
• The Sprott Physical Platinum and Palladium Trust invests in physical platinum and palladium, providing exposure to these metals in standard stock market accounts.

Precious metals traders and many market participants once called platinum, the rare precious metal, " rich person's gold ." From the 1970s through 2010, platinum had commanded a significant premium over gold...

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