Why was platinum sold at a cheap price in earlier times?
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Explanation:
Platinum Is in a Supply Deficit, Lifting Prices
Platinum Is in a Supply Deficit, Lifting PricesThis was especially true in South Africa, the world's #1 source for newly mined platinum. With mining stalled, the global platinum market entered a supply deficit. In other words, demand for platinum is exceeding the available supply of the precious metal.
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