Explore 2 articles about platinum.

    Platinum is rarer than gold, denser than most metals, and historically traded at a premium to gold for decades before flipping to a discount. It's a critical input in diesel catalytic converters, hydrogen fuel cells, jewelry, and laboratory equipment.

    Supply concentration and the deficit story

    More than 70% of new platinum supply comes from South Africa, where electricity shortages and mining cost inflation have pressured output. The World Platinum Investment Council has reported sustained deficits, which many analysts argue is bullish over a multi-year horizon.

    The hydrogen and PGM angle

    Platinum is essential to proton-exchange-membrane fuel cells and green hydrogen electrolyzers. Investors use platinum as a leveraged play on the hydrogen economy alongside its traditional role in autos and jewelry.