Platinum is a rare and highly valuable precious metal known for its industrial uses and investment appeal. Distinguished by its exceptional resistance to corrosion, durability, and catalytic properties, platinum is widely used in automotive catalytic converters, electronics, jewelry, and various chemical processes. Traded on global markets, its price is influenced by industrial demand, particularly in the automotive sector, as well as its use as a hedge against economic uncertainty. Platinum's unique combination of industrial utility and status as a precious metal makes it a critical commodity in both technological and financial markets.