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Platinum Market Faces Decade-High Supply Shortage
I’ve written extensively about supply shortfalls in the silver market. Silver demand outstripped the supply of the metal for the third straight year in 2023. But silver isn’t the only metal facing market deficits. Analysts expect the platinum market to chart its largest shortfall in a decade in 2024. Platinum doesn’t get the same attention in investment circles as gold and silver, but the precious metal can serve a role in a broader wealth preservation and growth strategy. Investors comfortable with platinum's more speculative nature can use it to diversify a portion of their precious metal portfolio. Platinum ... (full story)