How to Buy Physical Platinum
Some investors seeking exposure to platinum prefer to own physical coins or bars instead. This strategy ensures that the value of the assets held will move in unison with spot prices, removing the nuances of futures contracts. Because platinum has a very high value-to-density ratio, it is relatively cheap to store a material amount of platinum bullion. However, the value of platinum also means that investors must make arrangements for secure storage which can increase costs.
There are a number of companies that sell platinum coins and platinum bullion. Investors should understand that there may be a premium to purchase platinum coins, and should determine if any bullion purchased meets quality and purity standards.
Other Ways To Invest In Platinum
Platinum In The News
- A Deeper Look At Russia’s Commodity Industry
- Contango Report: Commodities Facing Uphill Curves
- Platinum Coins: A Trillion Dollar Blunder
- The 5 Best Commodities of 2012
- Sprott Debuts Physical Platinum-Palladium Fund
- Physical White Metals ETF (WITE): Two Years Later
- Inside Citi’s 2013 Precious Metals Outlook
- 3 Metals Outshining Gold
- PIMCO Recommends Hard Commodities to Weather Inflation
- Gold, Copper, Platinum Stuck In Contango