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![bla_bidza Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::32836225.png) Bla B [@bla_bidza](/creator/twitter/bla_bidza) on x 25.9K followers
Created: 2025-07-23 16:33:22 UTC

Yes, platinum prices are on a renounce. Platinum prices are rebounding due to a global supply deficit, primarily driven by declining output in South Africa, the world’s top producer. At the same time, demand from China has surged, with investors turning to platinum as a cheaper alternative to gold, especially amid “gold fatigue.” The metal’s continued industrial use—particularly in hybrid vehicle catalytic converters—has reinforced this momentum, while increased investment flows and bullish market sentiment have further fuelled the rally; alongside creeping doubts, particular in the West on whether their EVs targets are realisable. However, analysts caution that prices may also face a short-term pullback if supply recovers or demand softens.


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