Platinum Hits Record High, Fueled by Supply Tightness

Platinum soars to record high, driven by tight supplies and surging demand, as it surpasses $2,300 per ounce, marking a decade-high streak. Investment wave, coupled with robust Chinese demand, fuels the metals impressive 150% yearly gain. South African supply issues and borrowing costs add to the bullish outlook, while tariff risks and trade restrictions keep markets on edge.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.