Platinum Hits All-Time High Amid Global Uncertainty, Becomes Top Choice for Wealthy

• Platinum prices surged to an all-time high of $2,684.43 per ounce on Friday, January 23, 2026, driven by global economic uncertainty and geopolitical turmoil.
• Considered 'white gold' and a top choice for the super-rich, platinum is becoming increasingly out of reach for the common person.
• Investors are turning to platinum as a safe investment due to weakening confidence in the US economy and a declining dollar index.
• The dollar index fell by about 1% this week, making dollar-denominated metals more attractive to foreign buyers.
• Experts predict platinum's rally will continue, especially with anticipated interest rate cuts in late 2026, further boosting investment in precious metals.

Why It Matters: Platinum prices soared to a record high, fueled by global instability and investor shift to safe-haven assets.