ETF Trends’ CEO Tom Lydon discusses the Aberdeen Standard Physical Palladium Shares ETF (PALL) on this week’s ETF of the Week podcast with Chuck Jaffe of the MoneyLife Show.
The invasion of Ukraine by Russia and subsequent war has driven up palladium prices significantly, which began 2022 around $1,900 an ounce and have spiked above $3,000 an ounce. The current conflict puts a big portion of the world's palladium supply in question as it is a Russian export.
PALL is a physically backed palladium ETF, with each share equating to around 0.0942 ounces of palladium.
ETF of the Week