The rising platinum price is unlikely to dampen demand or stimulate additional supply, meaning that forecast market ...

U.S. stocks have climbed to record heights, but platinum’s rise — on the back of a global supply shortage of the metal since 2023 — is quite impressive too.

The chart below shows how the spot price of platinum is trending over the year. Year to date, platinum is up 5.94%, as of 9 a.m. The 52-week high reached $1,054.45 on October 29, 2024, and the 52 ...

Platinum is staging a quiet rally, driven by rising demand in autos and jewelry, supply shortages, and investor interest. Can ...

The chart below shows how the spot price of platinum is trending over the year. Year to date, platinum is down 3.11%, as of 9 a.m. The 52-week high reached $1,049.10 on June 7, 2023, and the 52 ...

Platinum: Technically Overbought, But Momentum Remains Strong. Technically, platinum's on a tear. Kitco’s Platinum price chart reveals that prices have climbed from $1,000 to over $1,200 in just ...

Summary. Platinum is undervalued at $970 per ounce, with potential for price growth due to increased demand and reduced supply. The automotive industry's shift back to using platinum in gasoline ...

Platinum is primarily used in catalytic converters for vehicles, as well as in laboratory equipment and as an investment asset. Its 32% price increase year-to-date has outpaced gold’s 26% rise .

Gold is on a great run in 2025, and so are silver and platinum, which a precious metals expert says should get a close look from investors.