Platinum prices hit 18-year high—here's why it matters

Business Dec 18, 2025

Platinum just soared to $1,976 an ounce, its highest in 18 years and up nearly 115% this year.
In India, that means retail prices are now around ₹6,000-₹6,200 per gram.
The jump comes as investors look for safer bets during uncertain times.

Why should you care?

Platinum's rise is outpacing gold this year, making it a hot topic for anyone interested in investing or diversifying their portfolio.
Tight global supply—especially from South Africa and Russia—and growing demand from industries like green energy and auto tech are driving prices up.
With market uncertainty sticking around, platinum is getting more attention as a solid alternative to gold.