For most of the year, precious metals were racing toward their October highs, but their paths diverged after the pullback. Gold is struggling to recover, silver is nearly back in an uptrend, and platinum is declining slowly but steadily. The surplus projected for 2026 by the World Platinum Investment Council (WPIC) could prolong this decline. According to WPIC, platinum supply will rise by 4% next year, driven mainly by faster recycling. Demand, on the other hand, will decline by 6%. Investment demand is the main culprit. As trade tensions ease, the return of bars from New York to London and a reduction of COMEX ... (full story)