PLTM - GraniteShares Platinum Trust
|Trading Day||April 16|
|Day's Range||11.73 - 11.92|
|52-Week Range||7.11 - 13.00|
The investment seeks to reflect, at any given time, the value of the assets owned by the Trust at that time less the Trust's accrued expenses and liabilities as of that time. The Shares are intended to constitute a simple and cost-effective means of making an investment similar to an investment in platinum. An investment in allocated physical platinum bullion requires expensive and sometimes complicated arrangements in connection with the assay, transportation and warehousing of the metal. It is non-diversified.
|Asset Class |
|Inception Date |
Jan 22, 2018
|Ticker Symbol |
|Index Tracked |
London Platinum Market PM Fix
Platinum exchange traded funds have rallied over the past year, with the white metal hovering near its highest level in six years. Investors continue to pile in.
Platinum rallied to its highest level in more than six years with analysts predicting more upside in the coming months.
Platinum-related exchange traded funds glimmered Wednesday as the precious metal rose to a 6-year high on economic recovery hopes that bolstered bets of industrial autocatalyst demand, along with expect...
Silver ETFs spike. Digging into whether a short squeeze could work
William Rhind, the founder and CEO of GraniteShares, talks the sharp moves higher in silver and silver ETFs and whether a short squeeze could work with CNBC's Bob Pisani.
Platinum is a way to play weakness in precious metals sector: Futures trader
CNBC's "Futures Outlook" discusses how investors can play the platinum futures trade with Bill Baruch of Blue Line Futures and Brian Stutland of Equity Armor Investments.
GraniteShares, the ETFs issuer founded by Will Rhind, has $1 billion in assets under management after debuting just three years ago.
In the late 1960s, bands like Led Zeppelin and Black Sabbath spawned an early generation of metal heads and in times of heavy market volatility, metal is also highly sought after.
Bullish chart patterns on a variety of precious metals suggest that this segment could be the one to watch over the final months of 2019.