About GraniteShares Platinum Trust (PLTM)

GraniteShares Platinum Trust (PLTM) is an exchange-traded fund (ETF) that offers investors exposure to the price movement of platinum. Platinum is a precious metal that is primarily used in automotive catalytic converters and in jewelry. PLTM is designed to track the performance of platinum by holding physical platinum bars in vaults. The trust issues shares that represent a fractional ownership interest in the underlying platinum. Investors can buy and sell shares of PLTM on the stock exchange, providing them with a convenient and liquid way to invest in platinum. PLTM provides a cost-effective way to gain exposure to platinum without the need to buy and store physical platinum.

The price history of PLTM has shown volatility in line with the price movement of platinum. Platinum prices are influenced by various factors, including supply and demand dynamics, global economic conditions, and geopolitical events. As a result, the price of PLTM can fluctuate significantly over time. Investors should carefully consider their investment objectives and risk tolerance before investing in PLTM. It is also important to note that past performance is not indicative of future results.