Platinum Futures Live Chart

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About Platinum Metal

Platinum has a much shorter history in the financial sector than either gold or silver, which were known to ancient civilizations.Platinum is relatively scarce even among the precious metals. New mine production totals approximately only five million troy ounces (150 Mg) a year. In contrast, gold mine production runs approximately 82 million ounces (2,550 Mg) a year and silver production is approximately 547 million ounces (17,000 Mg). As such, it tends to trade at higher per-unit prices.