Platinum has experienced a remarkable resurgence in recent months, surpassing gold and silver as the standout performer among precious metals. This surge is attributed to a combination of factors such as strong industrial demand, supply constraints, and increased adoption in clean energy initiatives. With about 80% of platinum production coming from South Africa, challenges like aging infrastructure and operational disruptions have led to a noticeable supply deficit in the market. The World Platinum Investment Council has projected a third consecutive annual deficit, reinforcing concerns about market tightening. Platinum is extensively used in various industries including automotive catalytic converters, chemical processing, electrical components, and petroleum refining. The surge in platinum's value is also fueled by a resurgence in jewelry demand in China and a resilient automotive industry that continues to rely on platinum in catalytic converters, especially in internal combustion engine and hybrid vehicles. Additionally, the metal plays a crucial role in the hydrogen economy, being used in fuel cells and hydrogen electrolyzers, which are essential in the transition to clean energy. From a valuation perspective, platinum has historically traded at a discount compared to gold, but recent surges have narrowed this gap, making platinum appear more undervalued. While gold and silver have also seen significant gains this year, platinum's unique position as a precious metal with strong industrial utility makes it an attractive investment option. Overall, with platinum's recent surge and improved valuation compared to gold, it is increasingly being seen as a more favorable entry point in the precious metals market.