Forbes reported shares of the ETFS Physical Platinum Shares ETF (NYSE:PPLT) moved above its 200 day average to $153.01.
Articles Tagged "NYSE:PPLT"
Exchange traded products are becoming increasingly popular with investors. To the surprise of many, there are a number of options designed specifically for those seeking exposure to platinum.
Higher platinum prices are encouraging some in the catalytic converter industry to turn to palladium as a cheaper alternative, but increasing worldwide auto demand, especially for cleaner vehicles, will continue to drive platinum prices higher.
ETF Securities USA LLC (ETFS) announced today that, as of January 4, 2010, total assets under management now exceed $3.5 Billion
The Street.com reports that ETFS Physical Palladium Shares (NYSE:PALL) and ETFS Physical Platinum Shares(NYSE:PPLT) are among the most promising for the coming year.