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What is the future of platinum
Platinum is used in a petroleum refining process called cracking to produce high-octane gasoline. As long as we use gas, we often need platinum catalysts. Platinum is also used in prescription drugs for cancer. Many studies and future cancer drugs are focused on platinum as an ingredient. Platinum is definitely more efficient when used compared to hydrogen cars.
How much is platinum selling for
Platinum Spot Price Change in Platinum Price Today; Platinum cost per ounce: 1050.00
How much is 3 grams of platinum worth
Spot platinum price Change in platinum price; Platinum spot price per ounce: $991.20: $3.50: $31.87 gram price of platinum: $0.11: $31,867.80 platinum price per kilogram USA
How much does platinum cost
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What will platinum be worth in 10 years
The website’s platinum price forecast says it will fetch $1,451 by the end of 2023. A happy 2024 is expected to end with $1,626 worth of jewelry. The expected price of platinum at the end of 2025 is typically $1,854 and at the end of 2026 is $2,223.
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Does platinum have a future
The WPIC said a Christmas market of around 8 million ounces was overstocked by 1.23 million ounces in 2021. For 2021, he forecasts a surplus of 652,000 ounces. He said platinum supply rose 21% last year while demand fell 9%.
What will 2022 platinum be worth
In 2022, platinum is expected to be worth between $1,300 and $850, according to Heraeus. According to trading economists, the current market price of platinum was forecast at $996.27 at the end of the second quarter and $931.05 at the time of writing (March 17).
What will platinum be worth in 5 years
The price of platinum was $1,020.30 per troy ounce.
According to the latest long-term forecast, platinum prices will reach $1,500 by mid-2025 and then $2,000 by mid-2027. Platinum will rise by $2500 in 2029, $3000 in 2031 and $3500 in 2031-2033.
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