Platinum Futures are financial contracts that allow investors to buy or sell platinum at a predetermined price on a specific future date. These contracts are traded on commodities exchanges and are used by traders to hedge against price fluctuations or to speculate on the future price of platinum. Platinum is a precious metal often used in jewelry, automotive catalytic converters, and various industrial applications. The price of platinum can be influenced by factors such as supply and demand, economic conditions, and changes in mining production. Trading in platinum futures provides a way to gain exposure to this valuable metal without needing to physically own it.