Platinum stocks are those that have significant exposure to platinum production. With inflation weighing on the global economy and questions about new tariffs unsettling investors' nerves, some have been turning their attention to precious metals. The S&P GSCI Precious Metals index (comprising gold, silver, palladium, and platinum) was up more than 47% from the end of 2024 through the third quarter of 2025. Platinum prices, specifically, rose about 72% during the same period.
As demand for electronic and industrial equipment remains strong, prices of materials used in the production of hardware, including platinum, could remain elevated for a long time. That’s why investing in platinum stocks might make sense for some people.
Top platinum stocks in 2025
Platinum is more than just a precious metal. It also has multiple industrial uses. For example, platinum may be used for:
- Electric car batteries.
- Fuel cells used in the energy grid.
- Some semiconductors and electrical components.
- Medical devices.
- Industrial chemical production.
You can get portfolio exposure to any of these products by investing in companies that mine and refine platinum.
Stocks of metal miners can be highly volatile, though. You can also consider a platinum exchange-traded fund (ETF) if buying individual stocks in this space doesn't hold any allure. But if platinum mining is what you're after, here are the top three largest producers traded on U.S. stock exchanges:
1. Valterra Platinum
2. Impala Platinum Holdings
NYSE: SBSW
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Factors to consider when choosing platinum stocks
Investing in precious metal producers such as platinum mining stocks is appealing, given the inflationary forces ravaging the global economy. However, bear in mind that mining investments are cyclical, and stocks can be incredibly volatile. Their fortunes are highly dependent on the supply and demand of the materials they produce. Therefore, investors with low risk tolerances who are not comfortable riding out the volatility associated with dips in the prices of the metal should avoid platinum stock investments.
How to invest in platinum stocks
For investors ready to dig into platinum stocks, there are only a few simple steps they need to take in order to get started.
- Open your brokerage app: Log in to your brokerage account where you handle your investments.
- Search for the stock: Enter the ticker or company name into the search bar to bring up the stock's trading page.
- Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this stock.
- Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
- Submit your order: Confirm the details and submit your buy order.
- Review your purchase: Check your portfolio to ensure your order was filled as expected, and adjust your investment strategy accordingly.
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