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Platinum shortages and rising demand: a trader’s dream forecast

From exness.com

When it comes to commodities, the supply and demand mechanics are strong influencers of price. If there’s an abundance, the price is low, but when there are limited supplies, prices rise. Platinum is already considered precious, but it’s about to get a whole lot more desirable. Timing is everything. Traders can wait years for that perfect moment when prices are still low while supplies are dwindling, but the long wait may finally be over. Platinum is fast becoming as rare as it is precious, and it’s only a question of time before the market realizes this. When that happens, traders holding platinum at current low ... (full story)

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  • Category: Fundamental Analysis