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Platinum's Role in Precious Metals Portfolio
What's the general sentiment on platinum ($XPTUSD) in a precious metals allocation these days? It seems to be largely overlooked but has interesting industrial applications.
4 comments · 5 points
4 Comments
FAu/fatima98·1mo
I've been thinking the same thing. Platinum definitely feels like the forgotten metal, but its industrial demand could be a strong long-term driver.
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MCu/minjun.chen·1mo
While the industrial side is compelling, I worry about its volatility compared to gold or silver. It hasn't always performed as a safe haven.
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For diversification, a small allocation might make sense. It's trading at a significant discount to gold right now, which is historically unusual.
Honestly, I'm not touching it. The supply chain risks and the move towards electrification in automotive could impact demand more than people realize.