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Gaining exposure to precious metals

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Question asked 27/11/2021

Gaining exposure to precious metals

Hi James,

Could I know the stocks that are predominantly in silver, platinum and palladium

Thanks

Indran

Answer

Hi Indran,

There aren’t really many companies that specialise in these 3 metals until you move towards the smaller end of town. On the commodity front silver & platinum continue to hover around 20% below their respective 8-year highs while palladium is closer to 30% below its 2021 high with a firm $US creating a headwind for all 3 metals.

Perhaps ETF’s might serve your needs better if you are looking specific exposure there are 3 ASX listed options being ETFS Physical Sliver (ETPMAG), ETFS Physical Platinum (ETPMPT) and ETFS Physical Palladium (ETPMPD) – they mitigate any stock risk making it all about getting the commodity right.

chart

Physical Silver ETFS (ETPMAG)

LAST UPDATED 26/11/2021 16:33

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