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Gold is used in mobile phones, batteries and jewelry. Platinum is used in electronics but has a greater variety of uses. It's the bedrock for many resources, such as medical devices and solar panels.
Platinum prices have surged to their highest levels since 2014, driven by tightening supply, speculative investor flows, and a wave of buyers turning to the metal as a cheaper alternative to gold ...
The chart below shows how the spot price of platinum is trending over the year. Year to date, platinum is down 0.69%, as of 9 a.m. The 52-week high reached $1,049.10 on June 7, 2023, and the 52 ...
The chart below shows how the spot price of platinum is trending over the year. Year to date, platinum is down 1.85%, as of 9 a.m. The 52-week high reached $1,049.10 on June 7, 2023, and the 52 ...
At just $325 per year (see rates and fees), the Amex Gold Card is still less than half of the Amex Platinum Card's $695 annual price tag (see rates and fees) and offers incredible value.
Precious metals dominated in H1. Platinum soared nearly 50%, followed by gold (+26%), silver (+25%) and palladium (+21%).
Gold vs. platinum price Gold is by far the more popular asset, with a market cap of over $14 trillion, while platinum only has around a $250 billion market cap.
Gold prices began the week on an upward trajectory, bolstered by dovish remarks from a prominent figure within the US Federal ...
The chart ( {PLJ24}- {GCJ24}) dating back to the 1970s shows platinum mostly commanded a premium to gold from 1975 through 2010, with platinum’s premium peaking at over $1,200 per ounce in 2008.
That demand has helped push global platinum prices up around 40% year-to-date, with spot prices near $1,265 per ounce. Spot gold prices have also surged, up roughly 30% over the same period.
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