Lates News

The World Platinum Investment Council said on Wednesday that the global platinum market is expected to experience a supply shortage for the fourth consecutive year, with a projected shortfall of 240,000 ounces in 2026. The council had predicted three months ago that the market would be roughly balanced. Following a 127% increase in spot platinum prices in 2025, prices have risen by 2% so far this year, reaching a record high of $2,918.80 per ounce on January 26, driven by rising gold prices, physical supply shortages, and structural gaps.