World Platinum Investment Council Publishes Updated Market Forecast for 2024
Wednesday, 6 March 2024, 06:00
Platinum Market Forecast
The World Platinum Investment Council - WPIC® - has released its latest report projecting a consecutive deficit in the platinum market, with an anticipated shortfall of 418 koz in 2024. This follows the 878 koz deficit recorded in 2023, indicating ongoing challenges in the platinum sector.
Implications for Investors
- Investors should closely monitor the platinum market dynamics as deficits persist.
The updated forecast highlights the persistent imbalance between supply and demand in the platinum market, with implications for investors and industry stakeholders.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.