Platinum Demand From Hybrid Vehicles Hybrid vehicles mix a gasoline engine with an electric motor to save fuel and cut pollution. These cars need special parts to clean exhaust gases, and platinum plays a big role in those parts. Platinum…
Platinum plays a key role in cars through devices called autocatalysts. These help clean exhaust gases from engines that burn fuel, like those in regular cars and hybrids. Experts at the World Platinum Investment Council, or WPIC, predict how much…
Palladium prices have collapsed from a peak of over $3,400 per ounce in 2022 down to around $800 by late 2024, and they remain low near $1,600 as of late 2025 despite ongoing supply shortages. The main reason starts with…
Platinum and palladium are both rare, valuable metals used in industry and jewelry, but their prices move differently because of supply, demand and market structure; in 2024–2025 platinum regained strength on tighter supply and rising investor interest while palladium recovered…
Platinum replaced palladium mainly because palladium prices soared due to years of supply shortages while platinum became cheaper, prompting car makers to switch back in catalytic converters. This shift started gaining steam after 2021 when palladium hit over $3,000 per…
Platinum in Catalytic Converters Explained Catalytic converters are key parts in car exhaust systems that clean up harmful gases from engines. They use special metals like platinum to make dirty exhaust less dangerous to breathe. Inside a catalytic converter, there…
Platinum Demand From Automakers Explained Platinum plays a key role in cars, especially in devices called autocatalysts. These are parts in a car’s exhaust system that clean harmful gases from engines. Automakers use platinum to make these catalysts work well…
Platinum prices can spike suddenly when supply gets tight while demand shoots up fast. This happened in 2025, pushing prices to a 15-year high of $1,922.20 per ounce on December 17. South Africa supplies most of the world’s platinum, but…
Platinum price volatility is driven mainly by a tight and concentrated supply base, variable industrial demand (especially from automotive catalytic converters), macroeconomic forces like US dollar strength and interest rates, and episodic market stresses such as high lease rates and…
Platinum prices swing up and down more wildly than many other metals because small changes in supply or demand can tip the balance fast. Unlike gold, which has steady investor interest, platinum relies heavily on industry uses, making it sensitive…
