Thanks to the weak dollar, platinum still pays off for large customers to buy even at a price above USD 1,025 per oz. The market is generally in a strong uptrend since March 16 this year. From a long-term fundamental point of view, which deals with direct consumption, the price is already overestimated, which brings a discrepancy between traders. For these analysts, it may be a hedge. But for short-term players, it is important to go with the flow.
Chart source: WebTrader