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Platinum market remains undersupplied; Commerzbank scales up price forecast
The global platinum market is experiencing its third consecutive year of supply deficits, though the shortfall for 2025 has been revised downwards by the World Platinum Investment Council (WPIC). The deficit is now projected at 850,000 ounces, a significant figure but less than the 968,000-ounce deficit seen last year. At the time of writing, the most-active platinum contract on COMEX was at $1,398.35 per ounce, down 0.1% from the previous close. Prices of both platinum and palladium have risen significantly over the last few weeks, tracking gold’s rally. Gold prices have enjoyed a blockbuster run in 2025 so far, ... (full story)
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- Sep 12, 2025 1:07pm Posted byFundamental Analysis297
