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.
Supply-Demand Imbalance💶 : The World Platinum Investment Council (WPIC) projects a 24% increase in total demand in the upcoming year, outpacing the supply growth of only 13%.
Description
"Platinum as an optimal and complementary precious metal, offering both stability and a certain degree of risk tolerance for the portfolio." - Head of Trading, philoro SCHWEIZ AG
Why Invest in Platinum?
Versatility and Diversification
Platinum, a valuable metal utilized in various industries, is often grouped with gold and silver. Its applications in jewelry and as a means of diversifying investment portfolios make it an appealing choice for investors.
Key Role in Essential Industries
Platinum plays a critical role in catalysts used in diesel engines, making it essential for emission control. Moreover, it is the preferred metal in the expanding green hydrogen sector, serving as a catalyst in vital applications such as electrolyzers and hydrogen fuel cells.
Supply and Demand Dynamics
The price of platinum is heavily influenced by the interplay of supply and demand. Recent years have seen market shortages due to rising demand and labor strikes in key mining regions.
Positive Outlook and Strong Fundamentals
Despite challenges, platinum maintains a positive outlook due to its solid fundamentals. Its cost efficiency compared to palladium in catalysts adds to its allure for investors. Additionally, platinum's enduring appeal persists despite the global shift towards electric vehicles and technological advancements.
Resilience in Times of Economic Uncertainty
Like other precious metals, platinum is often considered a safe investment during periods of economic uncertainty. Its value tends to remain stable or even increase when other forms of investment may be declining.
Potential for Growth in the Medical Sector
Platinum also has applications in the medical sector, including its use in pacemakers, stents, and cancer treatments. As medical technology continues to advance, the demand for platinum in this sector could rise.
Dominance in the Hybrid Vehicle Market
While fully electric vehicles do not necessitate platinum, it remains integral to hybrid vehicles. The hybrid vehicle industry represents a significant market where platinum is expected to maintain 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.
