Platinum hit $1,400.75 per ounce—its highest price in over 10 years—driven by supply shortages and speculative buying.
The London and Zurich markets are extremely tight, with borrowing costs spiking to 13% annually (versus near-zero normally).
Chinese investors and jewelry buyers are fueling demand, while palladium rose 5% alongside platinum since both metals can substitute for each other in automotive catalysts.
Original Source: Yahoo Finance
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Gold-Silver Ratio Hits 100:1 – A Historic Buying Signal for Silver 
