Platinum prices reach 17-year high
The futures contract for platinum rose to $1,973.05 per ounce, up 1.80% from the previous level. This marks a new 17-year high for platinum prices, with platinum, gold, and silver all setting record levels this year.
This breakthrough reflects heightened demand for precious metals, possibly driven by macroeconomic factors such as inflation or global uncertainties. Rising prices also attract increased attention from both investors and industry players.
In the near term, the metals market is expected to remain volatile as investors respond to ongoing economic developments and news.