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Gold buyers typically do not purchase platinum, however, silver buyers buy platinum.
This move highlights the growing awareness of alternative metals and their potential value, especially as economic uncertainties persist.
Costcos foray into platinum isnt a direct threat to gold its a complementary trend, continued Thor.
Heightened interest in metals like platinum often underscores the broader appeal ofprecious metalsduring times of inflation or economic uncertainty.
It reinforces the narrative that tangible assets are a valuable hedge against volatility.
Gold will likely remain a critical investment, particularly as central banks adjust monetary policies, according to Thor.
This trend is less about competition and more about the growing appeal of precious metals.
Just double-check you buy with the awareness that you wont be striking gold.
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