Platinum prices have surged significantly lately, breaking through the $1,200 per troy ounce mark for the first time in four years. According to commodity analysts at Commerzbank, this rise indicates strong demand for the metal, driven by various market factors. Investors are closely monitoring this upward trend, as it highlights a renewed interest in platinum among industrial users and investors alike. The sustained increase suggests potential for further price gains in the near future. Traders should keep an eye on market dynamics that may influence platinum’s pricing as demand continues to grow.