An Ominous Sign for Platinum ETFs
May 30, 2018 at 12:51 PM EDT
The ETFS Physical Platinum Shares (NYSEArca: PPLT) is saddled with a second-quarter loss of more than 9% and data suggest some professional traders are growing bearish on the white metal. “The price of platinum stayed above $900 an ounce on New York futures markets on Monday as it attempts to...