The platinum market is facing growing bearish momentum as the price trades near its lowest level since November. According to the latest quarterly report from the World Platinum Investment Council, although demand has picked up, the precious metal is seeing rising supply as mines and a major refiner in South Africa comes back online. In its report for the second quarter, the WPIC said that the platinum market is expecting to see a modest surplus for 2021 as mines operate at 97% capacity. The report said that the platinum market saw a surplus of 161,000 ounces in the second quarter. That could grow to 190,000 by the ... (full story)