Platinum price hits $1,100 as it outperforms gold and silver, driven by improving fundamentals

Platinum price hits $1,100 as it outperforms gold and silver, driven by improving fundamentals Platinum goldandsilver

- Investors are starting to wake up to platinum's value play as momentum drives the price to its highest level since the start of the year.

According to the World Platinum Investment Council, platinum is an attractive asset for investors looking for value in the precious metals sector. Analysts note that platinum's latest rally shows the precious metal's explosive potential. Ole Hansen, head of commodity strategy at Saxo Bank, described the precious metal as the market's Sleeping Beauty,"due to its troubled supply origins and given its participation in the green transformation."

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