Precious Metals ETFs Go Vertical as Silver, Platinum Outpace Gold | Metals Mine

  • Precious Metals ETFs Go Vertical as Silver, Platinum Outpace Gold

    From etf.com

    Precious metals ETFs are having a historic year, with gold, silver, and platinum funds all posting massive gains as investment demand floods the space. The iShares Silver Trust (SLV) extended its year-to-date gain to 142% as silver prices topped $70 an ounce for the first time on Tuesday. The SPDR Gold Shares (GLD) is up nearly 70% this year, with gold prices rallying to just shy of $4,500 an ounce, also a record. Meanwhile, the abrdn Physical Platinum Shares ETF (PPLT) has surged 144% as platinum prices climbed above $2,200, within striking distance of the $2,250 all-time high set in 2008. Nearly $93 billion has ... (full story)

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