Last year’s record supply deficit in platinum is expected to narrow this year, but the precious metal will remain sought-after by investors amid complex geopolitics which have increased price volatility, said the World Platinum Investment Council (WPIC). Commenting in its Platinum Quarterly, the council forecast a 240,000 ounce deficit for platinum in 2026, much lower than the 1,082 million oz last year – the deepest shortfall on record – but with many of the market drivers behind the metal’s rally still in evidence. “The key drivers of platinum’s price rally in 2025, namely strong supply/demand fundamentals, a ... (full story)