After gold and silver, platinum prices start rising:Its rates reach 18-year record high; expert sees more upside potential

With gold and silver prices reaching record levels, platinum is also giving tremendous returns to investors. In the global market on Thursday, platinum prices reached an 18-year high of $1,975 per ounce (₹1,78,227 per 28.35 grams). Investors are investing in platinum to hedge against potential losses from weakening currency. As gold and silver are becoming too expensive, these appear to be slightly cheaper alternatives. Its price has increased by 121% so far in 2025. This rise is more than the 74% surge in gold, while it’s close to the 132% increase in silver. According to the India Bullion and Jewellers Association (IBJA), the average price of platinum in India has reached Rs 61,513 per 10 grams. It was ₹27,560 at the end of 2024 and ₹24,910 at the end of 2020. While, that of silver stood at ₹2,01,250 per kg and that of gold at ₹1,32,454 per 10 grams. Industrial Demand Increased from Hydrogen Economy Supply Reduced from Russia and South Africa 12-15% upside potential expected by March 2026 According to Ajay Kedia, Director of Kedia Advisory, platinum has outperformed gold this year in terms of investment. Due to economic and policy uncertainties in America, people are looking for new investment avenues. Platinum is a better alternative compared to dollar-gold. Its ratio compared to gold is improving. This indicates potential for upward movement in the long term. Platinum prices may rise by 12-15% by March 2026. Now let’s know the answers to some important questions about silver Q1: How much more expensive can silver get in the coming days? Ans: Ajay Kedia, Director of Kedia Advisory, says that there is currently strong demand for silver which is expected to continue. In such a scenario, silver could reach 2.50 lakhs in the next 1 year. Meanwhile, by the end of this year, silver prices could reach Rs 2.10 lakh per kilo. Q2: How beneficial or harmful is it to buy jewellery at high rates? Ans: Yes, if you have plans to buy silver jewelry, you can buy it. As silver prices are expected to rise in the coming days, it could become more expensive. Q3: How can regular investors invest in silver right now? Ans: You can invest in silver through Silver ETFs, but investing through monthly SIP instead of a lump sum would be better. Additionally, you can also buy silver coins. ​