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المشهد العربي
Pandora shifts to platinum over silver
Pandora's strategic shift towards platinum goes well beyond the significant decline in silver prices. The company continues replacing some of its silver-based products with platinum-coated layers to ensure profitability, despite silver prices dropping more than 45% since the beginning of the year. The company clarified that it has hedged over 90% of its future silver needs for 2027 at a price close to $65 an ounce, while the current price has fallen to around $65, after reaching record levels exceeding $120 last January.
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