Tokenized precious metals on Solana

Platinum and palladium are industrial metals too

Platinum and palladium are used heavily in vehicle catalytic converters, so demand rises and falls with car production and emissions rules. Supply comes mostly from a small number of countries, led by South Africa and Russia, which makes both metals sensitive to mining disruptions and politics.

Both markets are much smaller than gold's, so prices can move sharply on modest changes in supply or demand.

Why some tokens are priced below the fund

Some precious-metal tokens represent a fraction of a fund share, such as a tenth or a fifth, which makes each token cheaper to buy in small amounts. The token's price is then roughly the fund's share price divided by that fraction. Nothing is missing and nothing is discounted; the unit is smaller.

This scaling factor matters whenever you compare a token's price with the fund's. Read the token's price together with how much of a share it represents.

Precious metals baskets

Basket funds hold several precious metals at once, typically gold, silver, platinum, and palladium in set proportions. A basket smooths out moves in any single metal, but it's still driven largely by gold, which usually makes up the biggest share.