Spot platinum has just achieved a remarkable milestone, surging past $2,000 per ounce for the first time since 2008. This historic breakthrough marks a stunning year-to-date rally, with the precious metal appreciating over 120% in 2024. The breakthrough underscores growing investor interest in physical commodities as alternative assets, particularly amid broader economic shifts. Platinum's resurgence reflects both supply constraints and heightened demand across industrial and investment sectors, signaling renewed confidence in precious metals as wealth preservation tools.
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Spot platinum has just achieved a remarkable milestone, surging past $2,000 per ounce for the first time since 2008. This historic breakthrough marks a stunning year-to-date rally, with the precious metal appreciating over 120% in 2024. The breakthrough underscores growing investor interest in physical commodities as alternative assets, particularly amid broader economic shifts. Platinum's resurgence reflects both supply constraints and heightened demand across industrial and investment sectors, signaling renewed confidence in precious metals as wealth preservation tools.