Similar pattern for palladium and platinum

 


ZPAL and ZPLA show similar pattern in the 100-day chart. Both are estimated to open today below yesterday's close.

Platinum and Palladium

Today's issue of a Swiss investment newsletter has an interview with Mr. Erich Meier, head of raw materials at Zurich Cantonal Bank (ZKB), who said from from now on he prefers palladium and platinum to gold for this year. "They are driven more by the economic development, whereas gold is the perfect inflation hedge", he said. Like for gold, ZKB has ETFs for platinum and palladium.

On the Swiss exchange SIX:
ZKB Platinum ETF
Symbol: ZPLA >
ISIN: CH0029792709

ZKB PalladiumETF Symbol: ZPAL
ISIN: CH0029792683

On the US exchange NYSE Arca:
ETFS Physical Platinum Shares
Symbol: PPLT
Fund family: ETF Securities Ltd.

ETFS Physical Palladium Shares
Symbol: PALL
Fund family: ETF Securities Ltd.