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Platinum |
| Platinum Market
Platinum's rarity coupled with its wide industrial usage has made this metal an investment alternative to such competing assets as stocks, bonds, and currencies. Some investors use platinum as a surrogate for gold. The price of pure platinum is generally higher than gold, but not always, therefore the claim that platinum is the most precious metal is also a typical marketing exaggeration, besides rhodium is frequently double the price of platinum. The bulk of platinum, 67% of total supply, comes from South Africa, with significant amounts also recovered in Russia and Canada as a by-product of nickel mining. Other notable areas of platinum production include the United States, Finland, Australia, and the Philippines. Market
Data and Price Reports (Johnson Matthey-Platinum Reports) Charts are in oz troy. Click on a chart to enlarge it. Source: JM-Platinum Platinum supply and demand in 2002
Platinum supply and demand 1993 to 2002
Platinum jewellery fabrication demand by region 1993 to 2002
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