SEE MORE: Gold Demand is Robust
Investors considering ETFs such as PALL and PPLT should be aware of the role a pair of well-known emerging markets play with palladium and platinum prices.
“Platinum and palladium prices tends to be volatile thanks in part to a highly concentrated supply environment. Together Russia and South Africa control between 70% and 80% of the world’s supply of PGMs. The structure of supply has not altered in any substantial way since the 1970s when platinum and later palladium came to the fore as an important part of the world’s automobile industry,” adds Mining.com.
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ETFS Physical Platinum Shares
Tom Lydon’s clients own shares of GLD.