Platinum
Platinum is a dense, malleable, and corrosion‑resistant precious metal that is also widely used as an industrial catalyst, in jewelry, and in high‑temperature applications. It is traded on major commodity exchanges such as the London Metal Exchange and the New York Mercantile Exchange, with its price quoted in troy ounces and identified by the ticker symbol PT.
Platinum’s dual role as a store of value and an essential input for automotive catalytic converters, chemical processing, and electronics gives it price sensitivity to both investment demand and industrial activity. For example, stricter emissions regulations can boost automotive demand for platinum, while economic slowdowns may reduce industrial consumption and pressure its market price.