Recently, the price of platinum has surged, breaking the 300 yuan/gram barrier and recording a cumulative increase of over 36% for the year, outpacing gold. Jewelers in Shenzhen's Shuibei market have been aggressively stockpiling platinum, while some merchants and factories that were initially focused on the gold business have also shifted their attention to the platinum sector, attracted by its larger profit margins and relatively stable pricing trends.