Platinum market set for first annual surplus since 2022
World Platinum Investment Council says the global platinum market will swing to a surplus this year for the first time since 2022, citing weaker investment and jewellery demand.
The global platinum market is set to swing to a surplus for the first time since 2022 this year, the World Platinum Investment Council said, citing weaker investment and jewellery demand. Spot platinum prices NYMEX:PL1! are down 10% so far this year to $1,840 per troy ounce as the Middle East conflict and…