Platinum is emerging as an interesting precious-metal investment, but investing in platinum from India has traditionally been difficult. Unlike gold and silver, there is currently no platinum ETF listed on Indian stock exchanges, leaving investors largely dependent on physical platinum for direct exposure.
This is where the US stock market opens up a new opportunity for Indian investors. Through US-listed ETFs, investors can get exposure to platinum prices without having to buy, store or insure physical metal.
Platinum has delivered attractive returns over the longer term, although it can be highly volatile. Recent performance data shows approximately 14% returns over one year, while the three-year and five-year annualised returns have been around 20% and 8%, respectively.
Indian investors with access to US markets can consider physically backed platinum ETFs such as abrdn Physical Platinum Shares ETF (PPLT) and GraniteShares Platinum Trust (PLTM). These ETFs hold physical platinum and are designed to track the price of the metal, less expenses.
This makes US markets particularly interesting: instead of buying physical platinum in India, investors can use a US-listed ETF to gain convenient, exchange-traded exposure to the metal.
For investors looking to diversify beyond traditional Indian equities and gain exposure to global commodities, platinum through US-listed ETFs offers an opportunity that is difficult to access through India’s domestic stock market.
Returns mentioned are historical and do not guarantee future performance. Investors should also consider currency movements, taxation, brokerage costs and applicable regulations when investing in US securities.