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Barchart
Barchart
Andrew Hecht

SHOCKING: Can platinum make progress above the 1 000 level - What They Never Told You

I last wrote about platinum on Barchart in late December, when I concluded:

Platinum’s price could offer compelling value as it consolidates around the $1,000 per ounce level. At an over $1,650 discount to gold, platinum is a rarer metal with many industrial applications. Time will tell if platinum can break out above the $1,200 technical resistance level in 2025. A move above that level could lead to an explosive rally, causing platinum to catch up with gold, its precious cousin. 

 

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