Golden merchants claim that it is difficult to make money by transitioning to platinum. Experts say that platinum fluctuates more than gold and should be cautious.

Since the beginning of the year, the price of platinum has been on the rise, with an increase of more than 50% so far. A journalist from First Financial recently visited the Shuibei precious metals trading market in Shenzhen and learned from merchants that many gold merchants have shifted to platinum this year, resulting in a need to increase prices to obtain goods. However, the recent shortage of goods at Shuibei has eased. One merchant told the journalist that, despite transitioning to platinum, it is still difficult to make a profit.