Market Chatter: OCBC Adds Platinum, Palladium Buillion to Mobile App

MT Newswires
08/11

Oversea-Chinese Banking (SGX:O39), OCBC, has added platinum and palladium bullion to its mobile app, allowing retail customers to trade the metals from 0.01 ounce from Aug. 11, The Business Times reported Tuesday.

Based on Aug. 7 prices, the minimum investment was about SG$23 for platinum and SG$18 for palladium. The offering expands OCBC's digital precious-metals platform, which has offered gold and silver trading since 2021, the news outlet said.

OCBC's research arm expects platinum to trade above $2,000 an ounce and palladium above $1,500 in the first half of 2027. The metals were priced at $1,833 and $1,389, respectively, at end-June, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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