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Platinum price supported by a three-month supply of above-ground stock
Despite renewed momentum at the start of the month, the platinum market continues to struggle within its broader range, with prices at the start of London’s historic platinum week back below $2,000 an ounce. However, platinum prices could be poised for another leg higher as persistent supply deficits, dwindling above-ground inventories and renewed investor demand tighten an already constrained market, according to the World Platinum Investment Council (WPIC). In its first-quarter trend reports, published Monday, the WPIC said the platinum market is heading for its fourth consecutive annual deficit in 2026, with ... (full story)
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From kitco.com | May 18, 2026
After a strong start to the year, Platinum Group Metals (PGMs) have been stuck in a range for the last few months, but according to one research firm, prices across the entire sector are still expected to end the year with solid gains, led by Platinum. PGM prices are expected to be driven by further fundamental deficits through 2026, with tightening supply, ...
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