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July 18, 2025
Platinum has long been valued for its natural beauty, rarity, and critical role in various industrial applications. From catalytic converters in vehicles to chemical refining and high-end jewelry, platinum serves diverse purposes. Unlike gold, which is prized largely for its historical role as a store of wealth, platinum is both an industrial workhorse and a strategic investment asset—making it a unique and dynamic option in the precious metals market.
Before purchasing platinum, it's essential to understand how its pricing is determined. Like gold and silver, platinum is traded globally, and the spot price reflects its current market value per ounce. However, the final price you pay will include premiums—additional costs covering refining, minting, shipping, and dealer margins.
While the U.S. Mint primarily focuses on gold and silver products, platinum bullion is still readily available through private mints and authorized dealers across the country. Reputable online bullion retailers and local coin shops can offer a wide range of certified platinum bars and coins suited to both new and experienced investors.