Platinum Demand Surges in First Quarter
This article was originally published on ETFTrends.com.
The Aberdeen Standard Platinum Shares ETF (NYSEArca: PPLT) is up 7.11% year-to-date and robust demand is seen as one of the factors boosting platinum this year. Platinum is primarily used in catalytic converters in diesel-powered automobiles, but environmental concerns tamped down demand for the precious metal. As such, the price of platinum has fallen over [...]