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Can you invest in platinum?

Author

Jessica Hardy

Updated on February 23, 2026

Can you invest in platinum?

To gain exposure to the metal, investors may purchase platinum bars or coins, platinum futures contracts, or shares of platinum mining companies. Another option is a platinum exchange-traded fund (ETF).

Correspondingly, is platinum a good investment?

Investors may consider platinum over gold. If gold rally continues without a breather in 2021 again, platinum prices may shore up. Mine production is likely to return to normal in 2021 but still may be below the average annual supply from 2015 to 2019, according to WPIC.

Subsequently, question is, is platinum a good long term investment? Platinum has been shown to improve the effectiveness of precious metals allocations by acting as a long-term portfolio diversifier. It is significant to note that if investors in gold had included even 5% of platinum in their portfolios, their risk-adjusted returns would have been higher over the past 30 years.

Also asked, is platinum a good investment in 2021?

Due to its high corrosion resistance and durability, platinum is used in many industrial areas, including watchmaking, electronics, and auto. Today the price of platinum is very low, which makes it a reliable investment.

Can platinum be traded?

The trading of platinum is global, as it is traded from the New York Mercantile Exchange (NYMEX), through the Chicago Board of Trade (eCBOT) and all the way to Asia with the Tokyo Commodity Exchange (TOCOM). The platinum market is open for trading from 22:00 to 20:59 GMT.

Why is platinum so cheap 2020?

Platinum Is in a Supply Deficit, Lifting Prices

The covid-19 pandemic greatly disrupted platinum mining operations. With mining stalled, the global platinum market entered a supply deficit. In other words, demand for platinum is exceeding the available supply of the precious metal.

Why platinum has no resale value?

Platinum also has poor resale value as only a limited number of shops buy it back. Besides, compared with gold jewellery, making charges, close to Rs 500 per gram, are much higher for platinum jewellery. Buyers also need to be cautious when it comes to the purity of the metal and what it is mixed with.

What does it cost to mine 1 oz of platinum?

The all-in sustaining costs are about $1,110, while the platinum price is about $754 per ounce (as of September 2018). It means that it is importantly below the production costs. It implies that platinum mining is unprofitable right now.

What's worth more platinum or gold?

Platinum: Despite being nearly identical in appearance, platinum is more valuable than gold. Platinum's high price point can be attributed to its rarity and density as precious metals are often priced by their weight.

Is platinum expected to go up?

The metal's supply in 2021 is expected to rebound to near 2019 levels on the back of “the South African recovery following the extreme disruptions of 2020â€. The overall demand for platinum is expected to increase to 7.753 million ounces in 2021, up 1% from the previous year, according to the WPIC.

How do I buy stock in platinum?

To gain exposure to the metal, investors may purchase platinum bars or coins, platinum futures contracts, or shares of platinum mining companies. Another option is a platinum exchange-traded fund (ETF).

Does platinum appreciate value?

Approximately 88 tons of platinum are used to make jewelry every year compared to 2,700 tons of gold. Because of its rarity, platinum is valuable and will hold its value as the years pass.

Why is platinum cheaper than gold?

Along those same lines, platinum's price fluctuates more than gold. Because its demand goes up and down, so does its price. While platinum is often worth more than gold, it is also more likely to decrease in value at a moment's notice. So if the ratio is greater than 1, platinum is cheaper than gold.

What is a good platinum stock to buy?

Best Platinum Stocks
  • Anglo American Platinum (OTC: ANGPY)
  • Impala Platinum Holdings (OTC: IMPUF)
  • Sibanye Stillwater (NYSE: SBSW)
  • Vale (NYSE: VALE)
  • Platinum Group Metals (AMEX: PLG)

Is platinum a white gold?

While Platinum is a naturally white metal, White Gold is made by combining pure gold (which is yellow in colour) with alloying metals such as Palladium. Because of the yellow metal content, White Gold is actually slightly grey/off-white in colour. This can be corrected by a surface treatment called Rhodium plating.

Is platinum a money?

Platinum coins are a form of currency. Platinum has an international currency symbol under ISO 4217 of XPT. As a form of currency, these coins proved to be impractical: platinum resembles many less expensive metals, and, unlike the more malleable and ductile silver and gold, it is very difficult to work.

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