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Apr 22, 2026 - 06:30 AM
Bucking the broader sector trend, the platinum spot price rose to $2,092.90 per ounce as of 9 AM ET today, April 22, 2026, a gain of 0.21% over yesterday’s $2,088.60. Platinum’s resilience is largely fueled by acute supply constraints in South Africa and its increasing role as a historically undervalued alternative to gold and silver. While industrial demand in the automotive sector remains uneven, the structural deficit in platinum production continues to offer unique price support.
