Platinum has been on the wrong end of the Middle East crisis falling 13% since hostilities between the US and Israel and Iran began. Yet industry mavens who gathered for the annual London installment of Platinum Week last week agreed the metal will klck on. Supply is falling; demand is rising – its 89% price increase in a year notwithstanding. “I would hesitate to suggest prices will double again,” said Ed Sterck, director of research at the World Platinum Investment Council, an industry-funded body. “But if prices have already doubled from last year and yet we still have deficits …? “It’s commodity market economics ... (full story)