Platinum Week feels the "Platinum fever". Be cautious of the risk of a sharp drop in prices after the crazy surge.

Wind data shows that as of 17:30 on July 11th Beijing time, the NYMEX platinum futures price was reported at $1432.8 per ounce, an increase of about 51% compared to the beginning of the year. According to data released by the Shanghai Gold Exchange, as of the close on July 11th, the closing price of Shanghai Gold Exchange spot platinum was 322.54 yuan/gram, an increase of about 45% compared to the closing price of 223.07 yuan/gram on January 2nd. Looking ahead, can platinum prices continue to soar? Experts believe that there will be a shortage of platinum in 2025, but due to multiple factors, there is still uncertainty about the future trend of platinum prices. In the short to medium term, investors need to be cautious of the risk of a high-level retracement.