Platinum Prices Have Sky Rocketed.
It is unbelievable how the prices of precious metals has shot up considerably. Platinum in Jan 2002 it was at $ 500 an ounce and now almost $ 1,200/ounce. In my opinion this feels like a temporary surge in the prices. During war time platinum is used more to create arms and ammunitions. Or it could very well be that few top rated buyers sat down together to create a temporary increase in demand forcing the prices to shoot up