Platinum prices have seen more than 80 per cent increase in the current year.
Gold and silver are on their peaks. The special thing is that it is constantly being seen in it. Whether in foreign markets or in India’s futures and spot markets. Gold and silver prices are not taking the name of lower. According to the report, gold has become more than 51 percent expensive in the current year, while silver prices have seen a rise of 69 percent. At the same time, there is also a metal, which has broken the 50 -year record of its speed. In fact, the prices of platinum have seen a rise of about 80 percent in the year 2025. According to experts, due to the cost of gold being expensive, there has been a rise in platinum prices due to jewelery and industrial demand and decrease in supply. The special thing is that even after the rise of 80 percent, the price of platinum is about 28 percent less than its 2008 peak. Let us also tell you what kind of figures are being seen about platinum.
50 years broken record
Where on one hand the prices of gold and silver have seen a tremendous increase. At the same time, platinum has surpassed both in terms of earning. The special thing is that the faster has been seen in the current year, the speed was seen about 50 years ago. If we look at the data, in the current year, the price of platinum has been increased by more than 80 percent. Currently, the price of platinum is at a record level of 52 weeks with $ 1,637.75. Whereas on the last year’s last year’s last year, the price of platinum was $ 903.83 per on -os in foreign markets. This means that in the current year, the prices of platinum have been increased by $ 733.92 per onon.
This record was not broken 17 years old
While Platinum has broken the 50 -year record in terms of boom, but the 17 -year -old record of its record prices has not broken. Looking at the data, in May 2008, Platinum set a record of $ 2,250 per onon. Which has not been broken yet. Currently, platinum prices are trading at the level of about 27 per cent below 27 per cent from its 2008 record high. There is another reason for this. For the past few years, there has been a big decline in the prices of platinum. Looking at the data, in 2023 and 2024, Platinum declined by 8 percent every year, while in 2022 it saw a slight 10 percent rise. According to experts, the speed with which platinum prices are moving forward, it is clear that this level can also break by the end of the year. The way the demand is being seen, according to that, the supply in the market is very low.
How much increase in the price of gold and silver
On the other hand, in the current year, the prices of gold have seen more than 51 percent in the current year. Gold prices have reached $ 3,977.45 per onon in the Spot Market of Comex. Which is more than doubled in platinum. On the other hand, silver prices have seen an increase of 69 percent. By the way, the prices of gold and silver have never seen such a rise in the last 50 years. Currently, silver prices are trading close to $ 49 per onon. According to experts, there can be further increase in the prices of gold and silver in the coming days.
Continuous decline in production
Ritesh Jain, founder of Panetry Macro, says in the report of Money Control that Platinum is still equal to gold. Until some time ago, platinum was more expensive than gold. Now the business of gold is getting almost three times more than the price of platinum. Due to consumers being away from gold, we are also seeing a decrease in jewelery demand. Supply remains limited due to low production in existing mines. This rapid policy in metals reflects an uncomfortable global background arising out of policy uncertainty, probability of inflation and the closure of the US government. With the cut in interest rates by the Federal Reserve, there is a boom in precious metals among investors looking for safe investment.
Continuous decline in supply
According to experts, platinum prices have increased due to heavy disruption in the world’s largest producer South Africa. The country has faced excessive rainfall, power cuts and water scarcity, causing a decline of 24 percent year after year in production during the busy months. Constant low investment and frequent energy crisis has further increased this deficiency. According to the World Platinum Investment Council, the global market will face an estimated 8,50,000 ounces in 2025 – this is the third annual decrease – which is continuously showing the atmosphere of constraints in the market.
300 percent increase in demand
If we talk about demand, then the attraction of platinum is constantly increasing. More than 70 percent of the total use of the industrial converters and emerging green tknologies contributes more than 70 percent. Experts said that China has increased imports in the first quarter, taking advantage of the heavy discount of platinum compared to gold and increased jewelery production by 26 per cent. Investment demand has seen an increase of about 300 per cent year after year from the low valuation and storage of platinum amid global trade uncertainties. Experts stated that the automotive sector remains a major consumer, while the important role of this metal in hydrogen economy – giving power to fuel cells and green hydrogen production – keeps it at the center of global energy change.
Platinum prices may increase
In the report of Choice Broking Commodity Research Analyst Cauvery More Money Control, the future of Platinum will remain strong even after 2025 and after that, and the annual supply reduction is estimated to be between 500,000 and 850,000 ounces. More said that although the supply in South Africa is slowly improving, the pace is slow. Technical charts are now making a target of $ 1,753 on LME, which is a sign of continuous strength.