Reported about 7 hours ago
Following Costco's introduction of platinum bars, investor interest has peaked despite the metal's recent price decline. Unlike gold and silver, platinum is rarer and primarily driven by automotive demand, particularly for catalytic converters in hybrid vehicles. However, factors like high mining costs and declining recycled supply hint at potential future price increases. Although holding physical platinum may have its challenges, experts suggest it could be a strategic addition to one's portfolio.
Source: YAHOO