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Nasdaq reported platinum is one of the most popular niche commodities and can be considered an extremely lucrative investment avenue.
Nasdaq reported platinum is one of the most popular niche commodities and can be considered an extremely lucrative investment avenue.
As quoted in the market news:
This metal is also seeing more interest thanks to its role as a diversification agent for investors who are heavy in gold and silver, but still want to remain exposed to the precious metal group.
At present, however, the price of the metal has plunged immensely and appears to be undervalued at current levels. This is largely due to platinum’s high beta standing and dependence on more cyclical corners of the market.