abrdn Physical Platinum Shares ETF

PPLT

Market cap $2.09B

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

Wall Street excels at creating catch phrases. The latest one is the “debasement trade.

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Platinum ETF PPLT hits a 52-week high, up 85% from lows. Supply crunch & rising demand could fuel more gains ahead.

Platinum (PLTM, PPLT), Palladium (PALL), Lithium (LITP), and Silver (SLVR) ETFs all jumped 10%+ last week despite weak Wall Street.

The Platinum ETF PPLT stands out as my top investment pick to 2030, offering unique supply/demand dynamics and inflation hedge potential. PPLT benefits from constrained supply, especially after major production cuts in South Africa, and is trading near breakeven costs, despite rising demand. Unlike gold, PPLT remains undervalued, with low correlation to other assets, making it a strong portfolio diversifier and potential alpha-generator.

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.

While equities have rebounded from this year's earlier pullback, investors are increasingly revisiting alternative investments like precious metals for diversification and downside protection. While gold and silver often dominate the precious metals narrative, platinum ETFs are quietly gaining attention.

U.S. stocks have climbed to record heights, but platinum's rise — on the back of a global supply shortage of the metal since 2023 — is quite impressive too.