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China's AI ambitions could make platinum the next strategic precious metal after gold - WPIC

From kitco.com

China has already cemented its position as one of the world's most important gold markets, and the country's next wave of industrial investment could elevate platinum to a similarly strategic role as artificial intelligence and clean energy reshape global demand, according to the latest report from the World Platinum Investment Council. China’s evolving influence in PGM markets was a dominant theme to emerge from the WPIC’s annual Shanghai Platinum Week, where industry leaders highlighted China's 15th Five-Year Plan as a major catalyst for future platinum consumption. According to the WPIC, Beijing has earmarked ... (full story)

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  • Category: Fundamental Analysis