Chinese jewelers are turning to platinum as gold prices rise, boosting global platinum prices

From Yahoo Finance: 2025-06-18 07:09:00

Chinese jewelers are turning to platinum as gold jewelry sales decline due to record high gold prices, deterring buyers despite cultural attachment to gold. Platinum’s lower price is appealing, leading to a 40% rise in global platinum prices. The World Platinum Investment Council is promoting platinum as an investment to boost consumer interest.



Read more at Yahoo Finance: Platinum draws fresh interest from China’s jewelers as gold prices test buyers’ wallets