Platinum

Platinum, precious metal

Platinum is one of the main industrial precious metals. Along with palladium it is used as an accelerator in automotive industry. Its properties make the metal really essential for the modern electrical engineering, automation, radio-engineering and precision instruments industry. It is also widely used in jewelry.

Pricing mainly depends on the growth of the corresponding sectors of industry and the demand formed by them as well as the supply capacities of the extractive industry.