Investing in Platinum
“Platinum has been much more resilient than we expected.”
— John Reade
Platinum’s demand & necessity
Platinum has a versatile and necessary function in one unique industrial application that makes it irreplaceable. It is used in catalytic converters, which reduce the amount of carbon monoxide and nitrogen based oxides that are emitted from automobiles. Despite its rare status, platinum will continue to be in demand for essential purposes, which confirms its worth as a bullion investment.
What is platinum?
Platinum is a dense, greyish-white metal that is malleable and can be used in a number of different forms. It is one of the most rare precious metals on Earth. Platinum is mainly used in emission control devices, multiple industrial uses such as petroleum refining, medicine, dentistry, jewelry and watchmaking.