abrdn Physical Precious Metals Basket Shares ETF

GLTR

Market cap $2.91B

Aberdeen Physical Precious Metals Basket Shares ETF (GLTR) is rated a strong buy, with long-term bullish momentum despite short-term bearish trends.

Silver extended its decline for a third consecutive session on Monday, with XAG/USD trading around $74.20 per troy ounce during Asian hours. Investors reacted to India's surprise restrictions on silver imports, rising expectations of another Federal Reserve rate hike and weaker investment demand projections from UBS.

Aberdeen Physical Precious Metals Basket Shares ETF is upgraded to a "Strong Buy" at current levels following a significant correction in precious metals prices. Gold, silver, platinum, and palladium remain in long-term bullish trends despite recent declines of 27%–50% from January 2026 highs. GLTR offers diversified, liquid exposure to physical precious metals, with 2/3 in gold, 1/3 in silver, and over 7.3% in platinum and palladium.

Throughout most of 2025, silver has recently outperformed gold, proving (ironically) that it is not always second place. Strength in silver built gradually through last year, but the latest pullbacks are a reminder that near-term market reactions can outweigh fundamentals and long-term investor sentiment.

President Donald Trump has long hinted that he is in favor of a weaker U.S. dollar. The U.S. dollar recently hit a four-year low.

The abrdn Physical Precious Metals Basket Shares ETF surged 87% in 2025, driven by explosive gains in gold, silver, platinum, and palladium.

The massive rally in gold hit its first significant pullback in months last week, dipping under $4,000 per troy ounce after touching as high as $4,350.

Despite stocks fluctuating in response to the latest trade war drama between the U.S. and China, gold has continued its near-daily upward march. Prices recently topped $4,300 per ounce for the first time in history as investors bet on safe-haven assets over bonds or currencies.

GLTR physically holds gold, silver, platinum, and palladium, providing tangible value and avoiding futures-related risks. Rising U.S. debt, concerns over Fed independence, and geopolitical tensions are driving investors toward precious metals as safe havens. Central banks and countries are increasing precious metals holdings, reducing reliance on U.S. Treasuries, and boosting metal prices.

Platinum's Q2 rally has been nothing short of astounding. Prices of the precious/industrial metal have been relatively staid for much of the year before taking flight in the beginning of June.