Will platinum go up 2022?

According to APMEX, as of Jan 2022, gold is trading around $1,801.30 per ounce, whereas platinum is trading around $976.20 per ounce.

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What will be the price of platinum in 2022

Palladium Price Forecast 2022, 2023-2025 Platinum price forecast for May 2022. The starting price is usually $774. Selling high 785, low 711. Monthly average was 755. Platinum price is forecasting a -3.4% change for the end of the month 748 in May.

What is the price of platinum compared to gold

In 2008, platinum was traded for a modern, high-quality precious metal at over $1,200 an ounce. Since January 2015, gold has been steadily trading at a premium to platinum. As of mid-September 2019, the total premium was around $550.

Will platinum go up 2022

The bank’s estimate of the platinum price is bullish in the long term, rising 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.

Is platinum a good investment 2022

After falling by 43,000 ounces in 2021, investment demand is expected to rise by 329,000 ounces in 2022. According to WPIC, this platinum market surplus will be only 652,000 ounces this year, compared to 1.232 million ounces last year.

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Will platinum be worth more than gold

Platinum: Although platinum looks almost identical, it is generally more valuable than gold. The above-average price of platinum can be explained by its rarity and density, as expensive metals are often valued more than their weight.

What will platinum be worth in 5 years

Platinum cost only $1,020.30 an ounce.
According to the latest long-term forecast, platinum will hit $1,500 by mid-2025 and $2,000 by mid-2027. Platinum is expected to hit $2,500 in 2029, $3,000 in 2031, and $3,500 in 2033.

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