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This is your Daily Platinum Price Tracker with Vanessa Clark podcast.
Welcome back to the Daily Platinum Price Tracker, your go-to podcast for everything platinum. I am Vanessa Clark, and thanks as always for tuning in. Today is Wednesday, October 15, 2025, and I have the latest price updates, market insights, and actionable info for anyone interested in platinum trading, investing, or just following the precious metals space.
Let’s kick things off with the numbers. The current platinum price is one thousand six hundred fifty five dollars per ounce, according to Kitco, with a bid asking difference up to one thousand six hundred sixty five dollars an ounce. The day’s price range has swung between sixteen hundred twenty five and sixteen seventy seven dollars, showing a bit of intraday volatility. Over on the futures market, platinum is quoted at around one thousand six hundred eighty four dollars and thirty cents per ounce. So, we are seeing platinum holding firm above the sixteen hundred mark even as other precious metals like gold continue their record-breaking rallies.
Platinum is gaining traction this week, rising just over one percent since yesterday. According to Kitco and NYMEX market data, we are seeing bids rise partly due to renewed fund interest and tightening supply concerns. Some analysts, like those quoted by Straits Financial and FX Empire, have flagged that if platinum prices can break above the sixteen eighty mark in coming sessions, the next technical resistance could be in the seventeen thirty to seventeen thirty five dollar range. This is a level traders will be watching closely.
But what’s behind the recent moves? Let’s talk about some drivers in today’s market. Industry experts report that platinum remains in a structural supply deficit. That means demand is outstripping the available mined supply, a situation not expected to change soon. This is being fueled by strong industrial demand, especially from the automotive sector. Carmakers are using more platinum in catalytic converters, and there is rising interest in hydrogen fuel cell technology, which also uses platinum extensively.
Looking ahead, analysts and forecasting groups are pretty divided about where platinum prices are headed long-term. According to LiteFinance, forecasts for 2025 have ranged from a bearish eight hundred thirteen dollars to as bullish as about two thousand two hundred. However, most recent expert takes suggest that the floor price is likely to stay closer to the current levels for the remainder of this year, driven by ongoing supply constraints and steady industrial consumption.
Now, if you’re considering investing in platinum, a quick tip is to keep an eye on both global economic signals and supply chain news. Geopolitical instability can upend mining operations, while advances in green technologies can impact industrial demand. You might want to track futures and spot prices via platforms like Kitco, GoldBroker, or your preferred trading app, and always set alerts for major technical levels like today’s potential seventeen thirty resistance.
That’s all for today’s platinum news roundup. Thanks for joining me, Vanessa Clark, on the Daily Platinum Price Tracker. If you enjoyed this episode, be sure to subscribe so you never miss an update. Share us with your fellow metal enthusiasts and tune in next time for more insights, news, and tips about the fascinating world of platinum. Until then, happy trading and take care!
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