Platinum Prices Explode in 2025 – Latest Surge, Expert Insights & Forecasts
Key Facts: Platinum has rocketed to multi-year highs in late October 2025. As of Oct 31, spot platinum was about $1,620/oz reuters.com – up roughly 80% for 2025 ts2.tech. This surge outpaces other precious metals: by year’s end gold stands near $4,000/oz (+~51% YTD) reuters.com, silver around $49/oz (+~60% YTD) ts2.tech, and palladium near $1,460/oz (+~25% YTD) ts2.tech. (See table below.) Over the last few days, platinum climbed from about $1,595 on Oct 29 reuters.com to $1,621.60 on Oct 31 reuters.com. This rally reflects a mix of tight global supply, booming industrial/jewelry demand, and safe-haven flows amid macro uncertainty. Analysts
