Platinum And Palladium Outperformance: Is The PGM Comeback Real?

From investinghaven.com

Platinum delivered one of the strongest commodity performances in H1 2025, rising about 40% in H1 and in some reads up to 55% YTD, with an intraday high of $1,432.60 on June 26. LBMA prints show platinum trading above $1,300 through late June. Key technical levels sit near $1,200 support and $1,400 resistance, while lease rates and warehouse stocks tightened the physical market. These moves flipped prior range highs into support. Supply trends are largely behind the rally. Johnson Matthey forecasts a third consecutive year of primary supply decline and a material platinum deficit for 2025, while it sees palladium ... (full story)