NYMEX platinum futures saw a 32.12% gain in Q2 and were up 49.22% over the first six months of 2025, outpacing gold. The bullish trend in precious and industrial metals is expected to continue. Platinum closed Q2 at $1,334 per ounce and continued to rise in July 2025.

In early Q3, platinum futures rose to over $1,500 per ounce, the highest since Q3 2014, with nearby futures at around $1,425 on July 28. The next technical resistance level is at the Q3 2014 high. The next upside target is $1,523.80 per ounce, with further resistance levels beyond.

Platinum, a rarer precious metal with annual production of 170 tons, saw a record high of $2,308.80 in March 2008, commanding a premium over gold. Gold, with an annual production of approximately 3,600 tons, is more widely produced globally. Platinum traded at a premium to gold until 2008.

Platinum’s market is less liquid than gold, with lower open interest and a smaller market size leading to higher volatility. With a significant gain in 2025, platinum could have room to rise further towards its 2008 all-time high. The physical market and ETFs offer investment options in platinum.

The Aberdeen Physical Platinum ETF (PPLT) and GraniteShares Platinum Shares ETF (PLTM) are two ETF products that hold physical platinum and track the metal’s price action. PPLT is the more liquid option with higher assets under management. Platinum remains in a bullish trend and could see further gains.

Read more at Yahoo Finance: Can Platinum Become Rich Person’s Gold Again?