Price of platinum futures contracts in the U.S. UU. The platinum futures contracts that will be liquidated in January 2024 were trading on the US markets at 927, 6 U.S. Platinum is a valuable metal that is widely used in the industrial and manufacturing sectors, especially in automotive pollution control equipment.

Investing in a Gold IRA is another way to benefit from the value of precious metals, such as platinum. Platinum is used in production, so its price may increase as the world economy recovers from the epidemic. Platinum is also used in jewelry and is in high demand worldwide. The future of platinum is also fantastic in the renewable energy market.