Should You Include Platinum in Your “Safe Haven” Portfolio?
The recent surge in the price of platinum, a whopping 85% climb this year, may be causing some investors to wonder whether it would be wise to include this precious metal among their “safe haven” assets alongside gold. Before making a decision, it is important to understand the following ways in which platinum and gold compare against each other, and then make an informed decision. For starters, gold always thrives during periods of economic uncertainty, which explains why gold has risen so much this year in the wake of trade tensions between the U.S. and China, the conflict in the…