If you knew the exact answer to the question about the future price of platinum you would be a millionaire, but from past experiences, you can determine how much it will rise. Platinum had its ups and downs in the past, but that happened because people had to discover in which industry they can apply it. Today, it has many purposes, and in the last couple of years it has been stable.
New technologies are also going to make it drop the price like using more electric cars than diesel engines. But, we will never know what new technologies will demand platinum, so the number of investors is rising. People are buying stocks or platinum bars and coins. The most popular coins are the platinum Eagles which can be of great importance if something bad happens to the economy.
Drop in Price Because of Car Industry
The spike in price …