Platinum investment demand rocketed 291% in the three months to September 30, World Platinum Investment Council (WPIC) reported on Wednesday, when it forecast a third consecutive annual platinum deficit next year on an initial projected 2021 deficit of 224 000 oz. The high third-quarter (Q3) investment demand for platinum amounted to 730 000 oz on a Q3 platinum supply deficit of -224 000 oz, said WPIC, which put the numbed response to the platinum price down to a platinum futures market hiatus, brought about initially by Covid-19-related transport restrictions. In addition to the robust precious metal investment ... (full story)