The Platinum Market refers to the global trade and investment in platinum, a precious metal known for its rarity and industrial applications. Platinum is primarily used in automotive catalytic converters, jewelry, and various industrial processes. The market is influenced by supply and demand dynamics, with major producers including South Africa, Russia, and Zimbabwe. Investors often view platinum as a hedge against inflation and economic uncertainty. Prices can fluctuate based on factors such as mining output, technological advancements, and changes in consumer preferences. The London Platinum and Palladium Market is a key platform for trading this metal, providing transparency and liquidity to market participants.