What is highest price of platinum in history
Also, what is the highest platinum price you’ve seen recently? The all-time high for platinum is around $2,270 an ounce. This was achieved on March 09.
Is platinum price going up or down
The bank’s long-term outlook for gold is bullish, from $1,100 an ounce at the end of March to $1,300 at the end of 2022 and $1,375 at the end of September 2023.
Why is platinum falling in price
Platinum Trends 2021: Mining Oversupply Affects Price
Throughout 2021, the price of platinum has steadily fallen, with mining supply up by around 30% and demand down by 5% year-over-year. Platinum Development Award 2021.
What is the current price of platinum
Platinum price today; Price $34.79 Today’s High $34.79 Today’s Low? rrr 34.79: today change $0.00 (0.00%)
Is platinum worth more than gold
While platinum can often be worth more than gold, this issue is also more likely to momentarily depreciate. Recently, however, gold has been valued higher than platinum. Most knowledgeable men and women look at price errors between two metals in demand to understand trends.
Is platinum worth investing in
Platinum is on par with many commodities in that the commodity usually moves inversely with the US dollar. This brings platinum in to capitalize on the negative effects of a particularly weak dollar. Rising spending by every US government has resulted in massive debt and deficits in the world’s largest economy.