It may be time to consider adding platinum to your personal investment portfolio

Platinum is often overlooked by investors due to the popularity of gold and silver. However, since precious metals are driven by individual demand and supply factors, diversification among metal types can afford exposure to the unique drivers behind each metal at the same time. With this diversification strategy in mind, it may be time to consider adding platinum to your personal investment portfolio.

Some factors supporting an investment in platinum include:

  • According to Global Market Insights, the global fuel cell electric vehicle (FCEV) market is projected to witness a compound annual growth rate of 38% through 2026, reaching $18 billion. Platinum plays a significant role in FCEV technology, generating electricity through a chemical reaction using hydrogen as a fuel and platinum as a catalyst.
  • According to the World Platinum Investment Council, “Platinum is one of the rarest metals, occurring at very low concentrations in the earth’s crust. It is 30 times rarer than gold.”
  • And of course, the beauty of the metal is indisputable.
  • Sources:

    1. Wadhwani, P and Prasenjit, S. (2020 September) Fuel Cell Electric Vehicle (FCEV) Market Size By Vehicle. Retrieved from: https://www.gminsights.com/

    2. World Platinum Investment Council. (2020). Why Invest In Platinum. Retrieved from: https://platinuminvestment.com/supply-and-demand/in­vestment-demand