Free Shipping

On Orders Over $199

First Gold Group

Call Us Today

800-310-6126

It may be time to consider adding platinum to your personal investment portfolio

12-02-2020 2:30 PM By Blair Harris

Some convincing factors supporting an investment in platinum

Platinum is often overlooked by investors due to the popularity of gold and silver. However, since precious metals are driven by individual demand and supply factors, diversification among metal types can afford exposure to the unique drivers behind each metal at the same time. With this diversification strategy in mind, it may be time to consider adding platinum to your personal investment portfolio.


Some factors supporting an investment in platinum include:

  1. According to Global Market Insights, the global fuel cell electric vehicle (FCEV) market is projected to witness a compound annual growth rate of 38% through 2026, reaching $18 billion. Platinum plays a significant role in FCEV technology, generating electricity through a chemical reaction using hydrogen as a fuel and platinum as a catalyst.
  2. According to the World Platinum Investment Council, “Platinum is one of the rarest metals, occurring at very low concentrations in the earth’s crust. It is 30 times rarer than gold.”
  3. And of course, the beauty of the metal is indisputable.


Sources:

1. Wadhwani, P and Prasenjit, S. (2020 September) Fuel Cell Electric Vehicle (FCEV) Market Size By Vehicle. Retrieved from: https://www.gminsights.com/

2. World Platinum Investment Council. (2020). Why Invest In Platinum. Retrieved from: https://platinuminvestment.com/supply-and-demand/in­vestment-demand

 

Added to cart
- There was an error adding to cart. Please try again.
Quantity updated
- An error occurred. Please try again later.
Deleted from cart
- Cant delete this product from the cart at the moment. Please try again later.