Live Platinum & Palladium News Headlines from MetalsDaily.com
3 days ago · We bring you platinum and palladium news headlines from around the world. Metals Daily provide PGM investors with the latest platinum and palladium prices, breaking gold news, data analysis and precious metal information so your investment decisions are informed and up …
Platinum set for biggest deficit in a decade in 2024, says Johnson ...
May 8, 2024 · The platinum market faces its largest supply shortfall in 10 years in 2024 as shipments from Russia return to normal from last year's highs and industrial demand stays firm, Johnson Matthey said...
Platinum metals face structural hit to demand from electric …
Mar 20, 2024 · In the usual way of things, platinum and palladium should be turning higher after a slide from recent peaks drove supply deficits, job cuts and looming mine closures in top producer South Africa.
Why platinum prices continue to lose luster despite tight supplies
Mar 8, 2024 · Platinum prices fell last year and are trading lower this year, threatening the profitability for miners of the metal despite persistently tight supplies.
Platinum demand predicted to surge this year leaving the market ...
May 15, 2023 · Global demand for platinum will see a 28% uptick this year compared to 2022, while supply will decrease 1% year-on-year, the organization said Monday. The platinum deficit for 2023 will be...
Platinum market headed for ‘substantial’ supply shortfall, says ...
May 13, 2024 · A global shortfall in the supply of platinum is likely to drive up prices, according to a new report, adding to concerns that a proposal for miner Anglo American to sell its South African ...
Platinum surged to its best quarter since 2008 - CNBC
Dec 30, 2022 · The Council anticipates a platinum deficit in 2023, with demand growing by 19%, while supply increasing by just 2%. The price of platinum has soared as high demand meets low supply. Platinum...
Power cuts, war, and hybrid cars are predicted to cause a platinum ...
Mar 15, 2023 · Platinum prices are forecast to skyrocket in 2023 thanks to power cuts in South Africa, war in Ukraine and increased demand for hybrid cars.
Platinum facing biggest deficit in years as carmakers snap up metal
May 15, 2023 · Rising demand from automakers, industry and investors will push the global platinum market into its biggest deficit in years, three industry reports predicted on Monday.
Why the global platinum is headed for a second straight ... - MarketWatch
May 13, 2024 · Global platinum supply will fall short of demand for a second straight year, with the World Platinum Investment Council forecasting a near-record deficit for 2024 because of weak growth in ...