Platinum just hit $2,100 an ounce—the highest level since 2008. This move reflects broader shifts in the global commodity complex and macroeconomic conditions that often influence risk asset dynamics, including crypto markets. When traditional assets like precious metals rally to 17-year highs, it typically signals either inflation expectations, currency weakness, or shifts in industrial demand. Worth monitoring how this feeds into the larger picture of inflation narratives and central bank policy moves.
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Platinum just hit $2,100 an ounce—the highest level since 2008. This move reflects broader shifts in the global commodity complex and macroeconomic conditions that often influence risk asset dynamics, including crypto markets. When traditional assets like precious metals rally to 17-year highs, it typically signals either inflation expectations, currency weakness, or shifts in industrial demand. Worth monitoring how this feeds into the larger picture of inflation narratives and central bank policy moves.