Similarly, two leveraged products from VelocityShares recently came to market, VelocityShares 2X Long Platinum ETN (NYSEArca: LPLT) and VelocityShares 2X Inverse Platinum ETN (NYSEArca: IPLT) and may appeal to those looking to leverage short term views about the metal from a directional trading standpoint.
Year to date, platinum has lagged gold, as PPLT is down 11.02% with GLD up 23.83%, and in the trailing one year period, PPLT has lost 6.20% with GLD up 25.14%.
ETFS Physical Platinum Shares
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