Platinum Price Chart Analysis: Key Levels to Watch in 2025
Platinum has been showing strong momentum this year, with prices climbing steadily since late March 2025. This uptrend is supported by the fact that platinum is trading above its important 50-day and 100-day moving averages, which often signal continued strength in price movement.
When looking at key levels on the chart, there are several points to keep an eye on. On the upside, resistance levels are found at around $1,450, $1,550, and $1,650 per ounce. These are prices where platinum may face selling pressure as traders take profits or hesitate to push higher immediately.
On the downside, support levels exist near $1,350, $1,300, and $1,250. These act like safety nets where buying interest could emerge if prices dip. Notably recently platinum held above a critical support level of about $1,225 before pushing higher toward targets near $1,300.
The market fundamentals also play a role in shaping these price movements. In 2025 there’s expected to be a supply deficit because newly mined platinum output is forecasted to fall by about 6%. This shortage tends to push prices upward as demand outpaces supply.
Additionally,the rally in gold has encouraged some investors to shift their focus toward platinum since it can be less expensive but still valuable for industrial uses and investment purposes. Supply disruptions have further tightened availability of platinum this year.
Historically speaking,the all-time high for platinum was around $2,300 back in March 2008. Currently trading near roughly $1,390 per ounce means there’s room for significant gains if bullish momentum continues — potentially up by more than half from current levels over time — but also risk if conditions change or profit-taking intensifies.
In summary of what traders watch:
– Strong uptrend confirmed by moving averages
– Resistance zones at approximately $1450 /$1550 /$1650
– Support zones at approximately $1350 /$1300 /$1250
– Supply deficits supporting upward pressure
– Influence from gold market trends
These factors combined make watching these key price points essential for anyone interested in tracking or investing in platinum throughout 2025.