U.S. stocks have climbed to record heights, but platinum’s rise — on the back of a global supply shortage of the metal since 2023 — is quite impressive too.

A number of economic and industrial factors affect the price of platinum group metals (PGMs), namely platinum, palladium and rhodium, and subsequently the price of scrap catalytic converters. A hedge ...

Christian said there's a "misconception" that the platinum market is really tight on supply and that producers and scrap refiners can't keep up with demand, and that therefore prices should be higher.

The UE BidTool allows users to insert a vehicle identification number or select a year, make, model and engine configuration, and the system will return the total number of catalytic converters on ...

Gold prices are elevated, but are other precious metals a better ... platinum has bounced around between roughly $700 and $1,2000 per ounce since early 2015, notes Earle. "The same goes for ...

Gold Price Shifts and Outlook Compared to silver, palladium and platinum, gold prices have been far more stable. As of December 18, Comex spot gold price stood at $2,651.40 per ounce.

Prices for platinum-group metals, which have declined rapidly over recent months, could remain depressed, Craig Miller, CEO of the world's biggest platinum miner by value, told Reuters. Sign up here.

Silver and platinum are seeing a run-up in prices while gold prices idle. This year’s returns on silver, at 26.8%, have inched slightly above gold, according to the prices of two popular ...

Factors Affecting Future Precious Metals Prices. Given the role gold, silver, platinum, palladium and other metals play in manufacturing, finance and policy, ...

The price of platinum is currently $941.90 per ounce, while the price of palladium is $955.50 per ounce. Diversification: If you're invested heavily in the stock market, platinum can be a good way ...

Average prices for platinum and rhodium are expected to rise by 1% and 8%, respectively, this year, while palladium will see a 5% price reduction, consultancy Metals Focus said on Monday.