Platinum Bullion – A Guide to Diversifying your Holdings
Revered and valued for both its rarity and industrial use, platinum is a unique precious metal investment that allows you to diversify your portfolio better than owning gold and silver bullion alone. Like gold and silver though, platinum is a popular physical asset that comes in the form of bars, coins and rounds. In recent years, many sovereign and private mints around the world have begun producing platinum bullion ranging from 1/10-oz coins to stackable bars.
Platinum is dense, ductile, and resistant to corrosion, making it a highly desirable metal for the auto industry, which accounts for a majority of its industrial use. Platinum is also twenty times more rare than gold, yet spot prices are lower. For these reasons, platinum is seen as a highly affordable and smart investment.
In addition, platinum bullion bars that meet the minimum purity requirement can be included in your precious metal IRA. Owning these investment-grade metals can further diversify one’s retirement holdings by adding a tangible asset that, unlike stocks and bonds, has inherent value.
What Type of Platinum Bullion is For Sale?
Associates at ProvidentMetals.com possess the experience necessary to assist precious metal investors in finding the coins and bars best suited for their needs. Offering huge savings, a secure online ordering system and superior customer service, so investors can enjoy a wide selection of affordable American and foreign mint platinum coins and bars. Platinum bullion investment options include:
- U.S. Platinum Eagle – produced by the U.S. Mint, these coins are available in 1-oz, ½-oz, ¼-oz and 1/10-oz denominations and are by far the most recognized platinum bullion coin in the world. The Platinum Eagle is the only coin whose purity is guaranteed by the U.S. Government, consisting of 99.95% pure platinum.
- Canadian Platinum Maple – produced by the Canadian Mint, the Platinum Maple is considered the first commonly available bullion coin of its kind and the standard by which other platinum coins are measured.
- Australian Koala Platinum – produced by the Perth Mint in Australia, the Koala platinum coin is struck in 99.95% pure platinum and has a very luminous finish.
- Private Mint Platinum – produced by a variety of private mints including Engelhard, Pamp Suisse and Credit Suisse, private mint platinum bullion bars provide a slightly less expensive option for investing in this exciting metal. Every platinum bar comes with its own assay certificate to verify its authenticity.
Why Buy Platinum Bullion?
There are plenty of advantages to owning platinum bullion. For instance, during the next few years, many analysts expect steady growth in platinum prices for a variety of reasons. One of those reasons of course, is supply. Platinum has a multitude of industrial applications ranging from jewelry to automobile catalytic converters, and its supply is considered to be relatively limited. Platinum supplies are expected to remain tight for the foreseeable future due primarily to Chinese automotive demand, which is on the rise.
With increasing demand and limited supply, comes surging prices. Couple these supply and demand dynamics with the current inflationary environment, and you've got a recipe for sustained growth.
How can I start investing?
To see the current market prices and availability of platinum bullion, click the links below. When you're ready, our secure online ordering system makes buying platinum bullion easy and safe. If you have any questions, or prefer to place your order by phone, our associates are available by calling toll-free at (800) 313-3315. Remember though, online ordering is possible at ProvidentMetals.com 24 hours a day, 365 days a year.