Tag: palladium investment
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Investors Flock to Precious Metals ETFs Amid Market Uncertainties
Investors are increasingly turning to precious metals ETFs as they seek to diversify their portfolios and hedge against market uncertainties. Gold and silver ETFs, in particular, have shown strong performance, outpacing the S&P 500. But what exactly are precious metals ETFs, and how do they work? Investing in Gold & Silver For Dummies | $32.99…
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Sprott Asset Management Updates Equity Program for Precious Metals Trust
Sprott Asset Management LP, a subsidiary of Sprott Inc., has updated its at-the-market equity program for the Sprott Physical Platinum and Palladium Trust. The Trust, established as a closed-ended mutual fund trust, focuses on investing in physical platinum and palladium bullion. The recent announcement includes issuing an additional US$50 million of units in the United…
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Platinum and Palladium Prices Volatile Amid Industrial Demand and Market Liquidity
Platinum and palladium, two precious metals with significant industrial applications, have experienced price fluctuations in recent months. In the first quarter of the year, platinum saw an 8.77% decline, while palladium dropped by 7.91%. Despite being classified as precious metals, their prices are more influenced by industrial demand rather than financial factors. The futures markets…