For those who are interested in investing in precious metals, there’s an ETF (exchange traded fund) called GLTR. I like it because it balances four metals (gold, silver, platinum and palladium), though I might prefer a more even weighting.
I was interested in comparing the price of the ETF vs. the basket of metals a share represents, so I made a calculator for doing so. I haven’t found a way to pull live prices for the metals, so you have to enter those manually (try Kitco Metals. But I was able to pull the live price for GLTR. Let’s see how this works.
Here’s what it looks like:
And here’s a link to the spreadsheet (Excel format) so you can download it yourself. I was hoping I could embed it so you could put in your own numbers, but I guess not.