After gold and silver, platinum at 18-year record level: rose 121% this year, price of 10g ₹ 61,513; This rise is due to demand in automobile sector

After gold and silver, platinum at 18-year record level: rose 121% this year, price of 10g ₹ 61,513; This rise is due to demand in automobile sector


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  • Platinum Price Surge 2025: +121% Returns Outperform Gold And Silver Amid Hydrogen Demand And Supply Crunch

Mumbai18 minutes ago

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With the prices of gold and silver reaching record levels, platinum is also giving tremendous returns to investors. On Thursday, platinum prices in the global market reached an 18-year high of $ 1,975 per ounce (Rs 1,78,227 per 28.35 grams). Investors are investing in platinum to hedge against possible losses from a weakening currency.

Since gold and silver are becoming more expensive than necessary, these seem to be cheaper options. So far in 2025, its price has increased by 121%. This gain is more than the 74% rise in gold, while it is almost close to the 132% rise in silver.

According to India Bullion and Jewelers Association (IBJA), the average price of platinum in India became Rs 61,513 per 10 grams. It was Rs 27,560 at the end of 2024 and Rs 24,910 at the end of 2020.

Industrial demand increased due to hydrogen economy

  • Platinum is used in pollution-reducing catalytic converters in the automobile sector.
  • Now its increasing use in green energy and hydrogen economy has created new demand.
  • Its need is also increasing rapidly in chemical, refining and electronics sectors.
  • Its prices are getting continuous support due to increasing industrial demand.

Supplies from Russia and South Africa decreased

  • 70-75% of the world’s platinum supply comes from South Africa, where production in many mines has decreased.
  • The ongoing geo-political tension between Russia and Ukraine has also affected the supply chain.
  • The World Platinum Investment Council expects supply to decline by 69,200 ounces this year.

Possibility of rise up to 12-15% by March 2026

According to Ajay Kedia, Director of Kedia Advisory, this year platinum has overtaken gold in terms of investment. Due to economic and policy uncertainty in America, people are looking for new avenues of investment.

Platinum is a better option than dollar-gold. Its ratio compared to gold is improving. This is likely to lead to a long-term boom. Platinum may rise by 12-15% by March 2026.

Now know the prices of gold and silver also…

Now know the answers to some important questions related to silver…

Question 1: How much more expensive can silver become in the coming days?

answer: Ajay Kedia, Director of Kedia Advisory, says that the demand for silver is currently on a rise which is expected to continue further.

In such a situation, silver can go up to Rs 2.50 lakh in the next 1 year. By the end of this year, the price of silver can reach Rs 2.10 lakh per kg.

Question 2: How beneficial or harmful is it to buy jewelery at high rates?

answer: Yes, if your plan to buy silver jewelery remains intact, then you can buy it. Due to increase in the price of silver in the coming days, it may become more expensive.

Question 3: How can common investors invest in silver right now?

answer: You can invest in silver through Silver ETF, but instead of lump sum investment, it would be better to invest through SIP every month. Apart from this, you can also buy silver coins.

There is more news…



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