TOKYO, Mar 18 (Pulse News Wire) – Japan Physical Platinum ETF (1541.T), reported a discrepancy between the spot price and benchmark value of the fund. As of March 17, the closing price per share was ¥1,020, while the benchmark value stood at ¥1,000, resulting in a deviation rate of 2%.
Typically, such discrepancies are expected to be resolved through arbitrage trading. However, the fund's physical platinum holdings have decreased due to periodic sales to cover management fees, reducing the holding ratio to 0.999 grams per share as of March 17.
Investors should note that the exchange-traded price does not account for consumption tax, which is included in retail prices offered by precious metal dealers. For more historical data on the benchmark value and closing prices, investors can visit the official website.
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