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Apr 16, 2026 - 06:35 AM
Platinum has surged to $2,147.80 per ounce as of 9 AM ET, representing a sharp 1.74% increase from yesterday's price of $2,113.10. Market analysts point to deepening supply deficits and rising industrial demand—particularly in China—as primary drivers. Furthermore, as investors seek high-value alternatives to gold, platinum's role in clean-energy hydrogen fuel cell technology continues to attract long-term institutional interest.
