Core Insights - Platinum prices have reached their highest level since 2014, driven by strong demand from Chinese jewelry buyers who prefer platinum over gold [1] - Platinum experienced a surge of nearly 3% before retracting some gains, while palladium saw an increase of over 5% [1] Industry Summary - The demand for platinum in the jewelry sector, particularly in China, is significantly impacting its market value [1] - The recent price movements indicate volatility in precious metals, with platinum and palladium showing notable fluctuations [1]