like_count_tpl like_count_text_tpl
like_tooltip_tpl
comment_count_tpl comment_count_text_tpl
comment_tooltip_tpl
FX Daily Updates
Platinum hits record high on tight supply, EU combustion-engine ban reversal
georgemiller
Publish Date: Fri, 26 Dec 2025, 03:16 AM

Dec 26 (Reuters) - Platinum jumped to an all-time high on Friday, on track for its biggest annual rise ever, as supply constraints, an unexpected EU policy U-turn on the 2035 combustion-engine ban, and shifting investor flows out of gold fuelled the rally.
Platinum prices rose 8% to an all-time high at $2,413.62 per ounce by 0304 GMT.
Sign up here.
https://www.reuters.com/markets/us/platinum-hits-record-high-tight-supply-eu-combustion-engine-ban-reversal-2025-12-26/