Platinum has outpaced gold in 2025, climbing about 57 percent year-to-date to hold steady around the mid $1,600s per ounce, while gold averaged roughly $3,200 and hit highs above $4,100.https://investinghaven.com/commodities-gold/is-platinum-stealing-the-spotlight-from-gold/https://gerrardsbullion.com/invest/2025-in-review-the-themes-that-shaped-the-precious-metals-market/ Investors are piling in with strong buying through futures and exchange-traded funds, showing real commitment rather than quick trades.https://investinghaven.com/commodities-gold/is-platinum-stealing-the-spotlight-from-gold/ This interest comes as platinum breaks out after years of being ignored, much like the overlooked stepchild of precious metals.https://sprott.com/insights/navigating-gold-s-next-chapter-a-conversation-with-john-hathaway-and-justin-tolman/
A big driver is demand from China, where jewelry making is picking up fast and set for double-digit growth in 2025. Chinese buyers are also snapping up bars and coins, which pulls platinum out of circulation for good, unlike trades that just shuffle it around financially.https://investinghaven.com/commodities-gold/is-platinum-stealing-the-spotlight-from-gold/ On top of that, platinum’s industrial side is heating up. It powers auto catalysts, chemical plants, and early hydrogen projects, where supply stays tight because recycling lags behind new needs.https://www.goldenstatemint.com/blog/on-the-spot-with-gsm-precious-metals-market-report-for-12-15-2025/https://sprott.com/insights/navigating-gold-s-next-chapter-a-conversation-with-john-hathaway-and-justin-tolman/
Supply problems make the case even stronger. South Africa and Zimbabwe, the main producers, face old equipment and power shortages, cutting global output by about 3 percent this year.https://gerrardsbullion.com/invest/2025-in-review-the-themes-that-shaped-the-precious-metals-market/ Analysts from groups like the World Platinum Investment Council predict a deficit of hundreds of thousands of ounces in 2025, with total supply hitting multi-year lows.https://investinghaven.com/commodities-gold/is-platinum-stealing-the-spotlight-from-gold/ Lately, spot prices pushed near $1,800 per ounce, up 20 percent in a month, as these shortages bite.https://www.goldenstatemint.com/blog/on-the-spot-with-gsm-precious-metals-market-report-for-12-15-2025/
Unlike gold, which shines as a safe haven in tough times, platinum thrives when economies grow steadily because it ties so closely to industry.https://www.usmoneyreserve.com/news/executive-insights/rise-of-precious-metal-prices/https://www.litefinance.org/blog/analysts-opinions/platinum-price-prediction-and-forecast/ Green energy adds to this, with hydrogen tech relying on platinum even as electric cars cut some auto demand. Stricter environmental rules keep it essential for emissions control too.https://www.litefinance.org/blog/analysts-opinions/platinum-price-prediction-and-forecast/
Sources
https://investinghaven.com/commodities-gold/is-platinum-stealing-the-spotlight-from-gold/
https://www.usmoneyreserve.com/news/executive-insights/rise-of-precious-metal-prices/
https://www.litefinance.org/blog/analysts-opinions/platinum-price-prediction-and-forecast/