Great fundamentals are driving the investment thesis behind the platinum group metals (PGMs), which add diversification to a portfolio of gold and silver, this according to Ryan Giannotto, Director of Research, GraniteShares ETFs.
“That’s what I like about these, is adding different diversifiers to your diversification sleeve. Each of these is subject to their own micro and macroeconomic trends,” Giannotto told Kitco News. “We’ve seen this favoritism towards palladium.”