Over the past 12 months, the price of platinum has increased in dollar by 66 percent, reaching over $ 1,600 in September 2025. for the ounce. For comparison, the price of gold went up with “only” 45 percent. It shows how platinum makes up for the losses. According to representatives of the tax mint, this does not have to be the end of the price records of this metal.
Platinum is a rare metal, hard and extremely resistant to corrosion. Thanks to its chemical and physical properties, it is used in many industries – from motoring, through electronics, to medicine and jewelry. Its role in the production of car catalysts is particularly important, where it is responsible for limiting the emission of harmful substances.
Unlike gold, whose main function remains storage of value, platinum is used primarily in industry. This means that its price depends to a greater extent on the real condition of the world economy and industrial demand than on the mood of investors themselves.
– It is estimated that global platinum resources are much smaller than gold resources. The annual production of platinum is around 180–200 tons, while gold is extracted over 3,000. tons per year. What's more, over 70 percent The global extraction of platinum is concentrated in one country – South Africa. Russia is the second important producer, and the other quantities come mainly from Zimbabwe, Canada and the USA. This geographical concentration makes the platinum market more susceptible to interference – both political and logistic. Any delay in extracting or geopolitical voltage can significantly affect supply and thus the price of metal – comments Adam Striiawski, director. Manager for sales in the tax mint.
Extraction and price
Platinum is obtained mainly as a by -product during the extraction of nickel and copper ore. However, the process of separation and refining is time consuming and expensive, which further affects the value of metal. Mining is mainly using the deep -sea method, and the obtained ore undergo a number of chemical processes before it will be possible to isolate pure platinum.
The automotive industry remains the greatest recipient of platinum – up to 35–40 percent Global demand goes to catalyst producers. Recently, the automotive industry, especially combustion cars, has problems in Europe, but this does not mean that it does not develop in the world. The development of China is particularly visible here, and the USA is counting on reflection after the introduction of customs duties.
Further significant areas of application are chemical industry (catalysts in chemical syntheses), electronic (conductive components, hard disks), medicine (e.g. implants, surgical tools) and hydrogen energy – platinum is a key element in fuel cells.
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You also cannot forget about jewelry. Although less popular than gold, platinum is valued for the durability and appearance of the products made of it. Platinum jewelry is particularly popular in Asia and North America, but its popularity is also growing in Europe.
– Growth [cen platyny] It results from several factors: an increase in industrial demand (especially in the green energy and electromobility sector), restrictions on South Africa supply and increased interest of investors looking for an alternative to gold. In connection with the planned decarbonization of transport and industry, fuel cells – in which platinum plays a key role – they can become one of the pillars of green transformation – believes Adam Poniejski.
– At the same time, the development of hydrogen technologies can contribute to greater demand for this metal. We observe that Poles are more and more willing to buy platinum products in our showrooms and online. Preferably investment bars available in weights from 1 g to 100 g and bullion coins – popular emissions are e.g. Canadian Platinum Maple Leaf, American Platinum Eagle or Australian Platinum Kangaroo. Often beaten in limited expenditure, which increases their collector's value – he adds.
Where is the most platinum sold?
The largest markets of platinum are China, Japan, the USA and Germany. China dominates the consumption of platinum both in industry and in the jewelry sector.
“In the USA and Germany, platinum also gains importance as an investment act – just as it begins to take place in Poland. The dynamically developing market of electric vehicles and fuel cells in Asia only accelerates this trend” – indicates the tax mint.
