Tag: platinum earrings
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Platinum Surpasses Gold with 30% Price Growth in 2025
Platinum has emerged as the top-performing precious metal in 2025, surpassing gold with over 30% price growth year-to-date. Recent weeks have seen platinum prices soaring to four-year highs, exceeding $1,200 per ounce, as reported by the London Bullion Market Association. This surge is driven by a unique combination of industrial demand growth and investment interest,…
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Platinum Prices Surge on Chinese Demand, Supply Tightness
The platinum market has experienced a significant surge in price, with an increase of over 20 percent year-to-date. This rally has been primarily fueled by a resurgence in Chinese demand and a tightening supply globally, pointing towards a potential prolonged market deficit. The price of platinum reached US$1,098.40 per ounce on May 23, marking its…
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India to Reevaluate Trade Deal with UAE Over Precious Metals Surge
India is looking to reevaluate its trade agreement with the United Arab Emirates following a surge in precious metals imports from the Middle Eastern nation. There are concerns that some traders may be exploiting tax loopholes, prompting trade officials to consider a review of the Comprehensive Economic Partnership Agreement between the two countries. Among the…