Tag: platinum jewelry
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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…
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Platinum Prices Surge 20% in 2025 Amid Supply Deficit
Platinum prices soared at the end of the past week, reaching close to $1,100 per ounce. This surge marked a 20% increase in 2025, driven by a third consecutive annual supply deficit. Analysts suggest that the demand for platinum in various forms, particularly in China where it is seen as a more affordable alternative to…
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Platinum Market Outlook 2025: Stability Amid Sector Shifts
Platinum, a precious metal with diverse industrial applications, is poised to face a relatively stable pricing landscape in 2025. Despite market fluctuations, experts anticipate a persistent deficit in the platinum sector. The preceding year witnessed a price range of US$900 to US$1,100 per ounce, buoyed by robust demand from the automotive industry and speculative interest…
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Platinum Supply Deficit Looms Amid Rising Demand Dynamics
An industry group reports a looming platinum supply deficit as demand outpaces production due to factors like rising investment demand, jewelry, and traditional car markets using catalytic converters. The World Platinum Investment Council projects a 1-million-oz. deficit this year, with supply expected to decrease by 1% to 7.1 million oz. while demand is set to…
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Anglo American Platinum Prepares for Spinoff Amid Investor Interest
Anglo American Platinum is witnessing a surge in investor interest as it gears up for its upcoming spinoff from Anglo American. CEO Craig Miller revealed that the spinoff is part of the group’s strategic restructuring plan, initiated in response to a takeover bid from BHP in 2024. The separation of Amplats, expected by mid-year, will…
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Global Demand Surges for Platinum and Palladium Investments
Platinum-group metals, including platinum and palladium, are highly valued for their durability and catalytic properties. These metals are crucial for various industries, with the automotive sector being the largest consumer. As global auto production is expected to rise, the demand for platinum and palladium is set to increase, especially in developing markets. BEST WAYS TO…
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Platinum and Palladium Poised for Resurgence Amid Market Shifts
Platinum and palladium, often overshadowed in the precious metals realm, are now poised for a resurgence. Factors such as declining interest rates and sluggish electric vehicle (EV) sales are igniting fresh interest from investors. LMXXVJ Women Jewelry Set Platinum Plated Necklace Open Ring Earrings Bracelet Set,Birthday/Anniversary Mother’s Day Jewelr… | $55.44 These metallic twins, platinum,…