17:00 - 12.11.2025

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November 12, Fineko/abc.az. The price of platinum in the 3rd quarter of 2025 increased by 44% year-on-year and by 29% compared with the previous quarter, which is a record among precious metals.

ABC.AZ informs that since the beginning of the year, the metal has risen in price more than by 80%, outstripping gold.

The growth was facilitated by shortage of supply due to lower production in South Africa, high demand from China and speculative transactions that led to a flow of reserves from Europe to Asia and the U.S.

After a temporary decline in July amid U.S. tariffs, platinum recovered quickly due to increased investment interest and a reduction in the Fed rate. In September, the quotes exceeded $1,500 per ounce, and by the time of the review reached $1,600.

According to Kept, an additional driver of growth was news about political instability in the U.S., France and Japan.