Tag: platinum jewelry
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Platinum Surges on Supply Deficit Amid Global Risk Sentiment
Global risk sentiment took a hit as US Treasury yields surged, driven by concerns over the expanding US fiscal deficit. The weaker dollar, despite rising yields, reflected a shift in confidence, leading investors towards safe-haven assets like gold and the Swiss Franc. BEST WAYS TO INVEST IN PLATINUM AND PALLADIUM FOR BEGINNERS (BONUS: INSIDER TIPS…
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Valterra Platinum’s Independence Marks Major Shift in Global Market
Valterra Platinum’s recent emergence as an independent platinum producer has set the stage for a potential revitalization of the market, driven by escalating prices, supply limitations, and evolving global demand dynamics. The transformation of Valterra, previously known as Anglo American Platinum, into a standalone entity marks a significant development in the global platinum sector. Trading…
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Platinum Resurgence: Demand Surges Amid Auto Sector Shift
Platinum, a precious metal that has long been overshadowed by the dominance of electric vehicles in the automotive industry, is now experiencing a resurgence in demand and price. Recently breaking through the US$1,100 per ounce mark after years of stagnation, platinum’s newfound appeal is attributed to a shift in the auto sector’s focus from electric…
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Platinum Resurgence: Investors Eye Metal’s Growing Potential
Platinum, often overshadowed by gold, is now showing signs of resurgence, catching the attention of investors. The metal, historically known for its industrial applications, has been trading at a significant discount compared to gold in recent years, with the ratio between the two metals widening. However, recent developments indicate a shift in sentiment towards platinum,…
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Platinum Surges in 2025, Outperforms Gold and Silver
Platinum has emerged as a top investment option in 2025, outperforming gold and silver. Year-to-date, platinum has surged by 40%, surpassing the 30% and 26% increase in gold and silver, respectively. The recent spike in platinum prices has been remarkable, with a 30% surge in just a month, compared to 7% and 13% for gold…
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Platinum Futures Soar Over $1000 Amid Rising Chinese Demand
Platinum futures have surged by almost 5%, crossing the significant $1000 mark, driven by a recent surge in demand from Chinese jewelers. This shift in demand comes as craftsmen seek a more cost-effective and stable alternative to gold, resulting in a bullish trend despite China already being the largest global consumer of platinum. April saw…
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Platinum’s Price Surge Signals Promising Outlook for Investors
Platinum, a precious metal with a history steeped in luxury and industrial applications, is experiencing a surge in price, prompting speculation about a potential perfect storm on the horizon. Edward Sterck, the director of research at the World Platinum Investment Council, recently delved into the organization’s quarterly report, shedding light on the intricate balance between…
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Platinum Prices Surge on Chinese Demand, Supply Tightness
The platinum market has experienced a significant surge in price, with an increase of over 20 percent year-to-date. This rally has been primarily fueled by a resurgence in Chinese demand and a tightening supply globally, pointing towards a potential prolonged market deficit. The price of platinum reached US$1,098.40 per ounce on May 23, marking its…
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Palladium Price Outlook 2025: Experts Predict Decline Amid Industry Shift
Palladium, a precious metal used primarily in catalytic converters, experienced a price peak in February 2022 but has since seen a decline. The automotive sector is a key driver of palladium demand, with over 80 percent of its usage attributed to this industry. However, due to its high cost, there has been a shift towards…
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Global Platinum Deficit to Worsen in 2025: WPIC Report
The World Platinum Investment Council (WPIC) reported that the global platinum deficit in 2025 will be more severe than initially anticipated. This is primarily due to a decrease in supply from the recycling sector and reduced output from South African mines. Despite a 5% decline in demand, the projected deficit of 848,000 troy ounces this…