Live Platinum & Palladium News Headlines from MetalsDaily.com
WEBWe 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 …
Platinum set for biggest deficit in a decade in 2024, says Johnson ...
WEBMay 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 demand predicted to surge this year leaving the market ...
WEBMay 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 to see million-ounce supply deficit in 2024 - KITCO
WEBSep 10, 2024 · Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent ...
Why platinum prices continue to lose luster despite tight supplies
WEBMar 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 metals face structural hit to demand from electric …
WEBMar 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.
Platinum facing biggest deficit in years as carmakers snap up metal
WEBLONDON, May 15 (Reuters) - 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.
Platinum surged to its best quarter since 2008 - CNBC
WEBDec 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...
Platinum market headed for ‘substantial’ supply shortfall, says ...
WEBMay 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 Supply Cuts Seen Creating Record Shortage of Metal - Bloomberg.com
WEBMay 15, 2023 · The World Platinum Investment Council raised its 2023 forecast deficit for platinum to a record high as investors bet on the metal’s supply declining.