Gold prices have soared more than 20% in 2020, and they hit a new record high earlier this year. Silver and palladium are surging, too. But platinum prices are down almost 15% year-to-date.Now experts are saying platinum may soon catch up with its flashier rivals.
Investors often flock to gold and other metals in times of financial uncertainty.
Most precious metals have benefited from the volatility that has resulted from the Covid-19 pandemic, a global recession, and concerns that Washington may not come to an agreement on more economic stimulus.
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