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Platinum Soars 50% as Investors Diversify Portfolios, Hedge Inflation
After spending nearly a decade range-trading between $600 and $1,250 per troy ounce, platinum prices have risen nearly 50% so far in 2025. Platinum’s advance isn’t happening in isolation, but rather in tandem with gold having its best year since 1979 and the price of silver approaching a record high (Figure 1). What the precious metals have in common is a global concern about holding central bank-issued fiat currencies amid above-target and often rising core inflation, falling central bank rates and exceptionally large budget deficits in many of the world’s largest economies. Most central banks target 2% ... (full story)
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From cnbc.com | Sep 30, 2025
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