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Total supply on the platinum market is set to fall to the lowest level in five years, and prices may need to climb higher to alleviate persistent market tightness.
Platinum began the year trading between US$900 and US$1,100 per ounce. While platinum and other platinum-group metals are considered precious metals, they largely trade on demand from the auto sector.
Refinery services provider Heraeus finds in its latest precious metals appraisal that the platinum price, which currently averages $1 341/oz, will correct over the second half of the year. The South ...
LONDON, July 3 (Reuters) - Platinum prices have limited room to rise further after a record quarterly rally, analysts and traders said, with Chinese imports expected to soften and South African output ...
The precious metal climbed more than 27% in June The S&P 500's return to record territory in June wowed investors, but it has nothing on a jaw-dropping surge in platinum prices, with the precious ...
Sprott Physical Platinum and Palladium Trust closely tracks metal prices and offers a timely value opportunity after recent ...
JOHANNESBURG, July 28 (Reuters) - The platinum price rally during the first half of 2025 has helped most mines recover from loss-making positions but the industry is still far from adding new ...
The platinum price surged above US$1,400 per ounce during Thursday (June 26) morning trading, reaching its highest level in 11 years amid a wave of speculative buying in the US and China. In the US, ...
Platinum up 30% in June, on pace for best month since 1986. Market deficits projected to average 727,000 ounces through 2029. Up Next: Get 5 Dark Horse Stocks Wall Street Is Quietly Loading Up On ...
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Bizcommunity on MSNDespite rally, platinum prices insufficient for mining sustainability
Northam Platinum CEO Paul Dunne says that the recent platinum price rally has brought relief to South African miners, but it ...
(Reuters) -The recent platinum price rally has brought relief to South African miners, but is still below levels needed to support new production, Northam Platinum CEO Paul Dunne said on Friday.
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