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» Unlike gold, which fares well when the economy is not doing well, platinum will fetch best prices when the economy is relatively stable. Is palladium a good investment? . Knowing more about palladium is key in determining whether or not it is a good investment.

Is platinum a good investment

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2020-01-06 Platinum and palladium are less popular investments than gold and silver for legitimate reasons. They’re a worse store of value due to their volatile price fluctuations, and their price usually falls during recessions. But this does not mean platinum or palladium is a bad investment; there are some bullish cases for these metals. Greetings folks, Anyone who has ever been to a jewelry store will have come into contact with gold. It is arguably the most popular of all the precious metals, and for good reason.

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If you decide to purchase platinum, treat it different from gold. With a changing platinum-based industry, it’s not a good long-term investment, but in the short term, you might be able to make a profit out of it! Although platinum has a very short financial trading history associated with it compared to other precious metals, it is slowly becoming one of the favorite investment platforms for Indian investors. 2021-04-08 · Platinum: Is It a Sound Investment? As is the case for any investment decision, the decision to invest in platinum is a personal one.

Is platinum a good investment

Platinum’s price ultimately has an upside potential of 80% ($1800/oz), in 2022 or beyond. In 2021 we see price targets of $1,350 and $1,500. That’s an upside potential of 35% to 50%.
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Is platinum a good investment

It is well worth the investment.

As an investment, platinum doesn’t have as long a history as gold, which has been facilitating trade since ancient civilizations. Unlike gold, platinum is highly malleable. It also has a number of industrial applications.
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