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Spot platinum just broke through the $2,217.75 per ounce mark with a solid 5%+ rally. That's a pretty sharp move in the commodities space. When you see precious metals like platinum picking up steam like this, it usually signals something broader happening in the macro picture—could be currency weakness, inflation concerns, or shifting haven flows.
For folks tracking macro trends and asset allocation strategies, moves in platinum often run parallel with precious metals cycles and broader commodity momentum. Worth keeping an eye on how this correlates with equity and crypto market sentiment over the next few days.