Originally published: Proactive Investors UK, 24 February 2021
“Platinum is a key industrial metal, and its price has been rising on growing demand as hopes of a sharp economic recovery increase”
Many big investors are planning to dramatically increase their exposure to platinum this year, according to a new survey.
The price of the silvery-white metal recently topped US$12,000 for the first time since early 2015 on the back of growing industrial demand and concerns around shortages.
The survey, carried out by market research company Pureprofile, included online interviews with 50 institutional investors and 50 wealth managers across the UK and Germany in January 2021.
