The rise reflects a unique combination of factors that motorized demand and includes speculative and strategic reasons. Copper is another metal that also experiences a bonanza period.
He platinum They became the main protagonist of the precious metal market in 2025registering an advance of 61.45% so far this year until July 10. This performance exceeds other metals traditionally considered value shelters, such as gold, which accumulates a gain of 27.44%, and silver, with 33%.
The platinum bullish rally was so notorious that it even surpassed the paladiumanother metal of the Platinum group, which records a 41% advance in the same period, according to Google Finance. This reflex bullish trend a unique combination of factors that motorized demand and includes reasons of speculative and strategic importance.
Why does the platinum go up so much?
On the one hand, the demand for shelter assets intensified, such as prices metals, in a context of global economic uncertainty product of the commercial war that began at the beginning of the year The president of the United States, Donald Trump.
On the other, Platinum received an additional impulse due to its strategic importance in various industries. For example, Automotive represents the main world demand engineconcentrating more than 44% of global consumption in 2024, according to statista data.
This metal is essential in the manufacture of catalysts for vehicles, especially in diesel engines, which It makes it a strategic good for the energy transition.
copper plates
The good copper season
Another metal that is experiencing A great moment is copper: It rises 39.45% so far this year. That rise is given, among other reasons, because it is a good demanded by both the construction sector and for everything The electronics sectorincluding The current development of artificial intelligence and green energy.
In this context, The introduction by the president of the United States, Donald Trumpof a 50% tariff on copper imports brand A turning point for the global market of that strategic metal.
“The main reason to introduce tariffs on copper is to reactivate the American copper industry and guarantee the supply of this critical metal. Copper is one of the most relevant metals worldwide, used in a wide range of applications, from electrical cables to components of electric vehicles and energy systems, “they argued from XTB.
It was explained that, “although the US has a significant production, estimated at approximately 1.1 million tons of copper in 2024 (and refined just 890,000 tons), the consumption of refined copper reached 1.6 million tons, which implies that imports are required to cover the deficit.”
Source: Ambito
