Summary
This prediction is currently active. The BUY prediction by Citigroup_Inc_ currently has a performance of 13.64%. This prediction currently runs until 06.06.26. The prediction end date can be changed by Citigroup_Inc_ at any time. Citigroup_Inc_ has 50% into this predictionPlatinum is a precious metal that is used in various industries, including automotive, jewelry, and healthcare. Due to its rarity and unique physical properties, it has been used as a form of currency and investment for centuries.
As an investment, Platinum is perceived to be a stable and valuable asset, and is often used as a hedge against inflation and market volatility. It can be bought and sold in various forms, including coins, bullion, and exchange-traded funds (ETFs). Investors who believe that the demand for Platinum will continue to grow may buy and hold the metal as a long-term investment.
However, Platinum prices can be volatile, particularly due to changes in supply and demand. This makes it an attractive speculative opportunity for traders who are willing to take risks in order to potentially earn a quick profit. Additionally, the global economic conditions, geopolitical tensions, and shifts in industrial demand for Platinum can all affect its price movements.
Overall, investing in Platinum can provide a potential way to diversify one's portfolio and potentially benefit from its demand in various industries, while also presenting risks and potential rewards for speculators.
Performance without dividends (%)
| Name | 1w |
|---|---|
| Platinum | 0.759% |
| iShares Core DAX® | -0.081% |
| iShares Nasdaq 100 | -0.201% |
| iShares Nikkei 225® | 1.465% |
| iShares S&P 500 | 0.215% |
Comments by Citigroup_Inc_ for this prediction
In the thread Platinum diskutieren
Planet Labs PBC (NYSE: PL) had its price target raised by analysts at Citigroup Inc. from $5.00 to $7.00. They now have a "buy" rating on the stock.
Ratings data for PL provided by MarketBeat