Platinum bar, 1 kg, 999.5
Main reasons to invest
Return Potential📈: An investment of 500 EUR is projected to be worth approximately 892 EUR in 8 years.
Cost-to-Return Ratio⚖️: With just 1.2% annual total costs (including exit fees), your net profit could be 7.5% per year.
Low valuation 💶: The platinum price is currently at a 3-year low, and the affordable entry price can also pay off in the short term.
Description
Versatility and Diversification
Platinum, a valuable metal with numerous applications, is often associated with gold and silver. Its use in jewelry and as an option for portfolio diversification makes it an attractive investment choice.
Key Role in Vital Industries
Platinum plays a crucial role in catalysts for diesel engines, making it indispensable for emission control. Additionally, it is the preferred metal in the growing green hydrogen market and serves as a catalyst in important applications like electrolyzers and hydrogen fuel cells.
Supply and Demand Dynamics
The price of platinum is significantly influenced by supply and demand dynamics. In recent years, market shortages have occurred due to increasing demand and strikes in key mines.
Positive Outlook and Strong Fundamentals
Despite challenges, the outlook for platinum remains positive, thanks to its robust fundamentals. Its cost efficiency compared to palladium in catalysts adds to its attractiveness for investors. Furthermore, platinum retains its luster despite the global shift towards electric vehicles and technological advancements.
Dominance in the Hybrid Vehicle Market
While fully electric vehicles do not require platinum, it remains a key element in hybrid vehicles. The hybrid vehicle industry represents a significant market where platinum is likely to continue its dominance.
Sell your Splints? We now provide you with the option to repurchase your splints at market value anytime. Please note that an additional processing fee will apply. The processing fee varies based on the volume, investment, and your holding duration. Use the contact form to initiate the process.
Expert
philoro is a reliable partner for investing in gold and silver. The company's highest quality standards for its products and comprehensive service have made it one of the market leaders in the precious metals trading sector in Europe.
