Gold and silver grab attention, but platinum’s 140% rally in 2025 is turning heads

Platinum has emerged as the standout precious metal of 2025, sharply outperforming gold and silver amid supply deficits, rising investment flows and strong industrial demand. Persistent production challenges, expanding Chinese participation and macro tailwinds have propelled prices to record highs, reshaping investor perceptions and reviving interest in platinum’s role within diversified portfolios.