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The Platinum market is a subset of the Precious Metals market, which includes metals such as gold, silver, and palladium. Platinum is a rare metal, and is used in a variety of industrial and consumer applications. It is also used in jewelry, and is often seen as a symbol of wealth and status. Platinum is also used in catalytic converters, which help reduce emissions from cars and other vehicles.
Platinum is traded on the open market, and its price is determined by supply and demand. The price of platinum is often more volatile than other precious metals, due to its limited supply and industrial applications.
Companies in the Platinum market include Johnson Matthey, Anglo American Platinum, Impala Platinum, and Lonmin. These companies are involved in the mining, refining, and trading of platinum. They also produce a variety of products, such as catalytic converters, jewelry, and coins. Show Less Read more