Platinum Prices Soar Over 150% in 2025: What it Means for Global Buyers

Platinum prices have surged dramatically by over 150% in 2025, hitting record highs above $2,300 per ounce. This unprecedented rally is driven by persistent global supply deficits, strong industrial demand, particularly from China, and heightened investment interest fueled by geopolitical uncertainties and tariff hedging.

• Platinum prices rose over 150% in 2025, reaching record highs.
• Supply deficits persist due to South African mining disruptions.
• Increased industrial and investment demand, notably from China, fuels the surge.
• Trade anxieties and tariff hedging influenced market dynamics.
• Impacts car manufacturing, hydrogen tech, and jewelry costs globally.

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