Edward Sterck: Platinum Facing Third Deficit, Will Price Follow Gold Higher?
Edward Sterck reviews findings from World Platinum Investment Council’s latest quarterly report and looks forward to 2025, noting that the platinum market is due for its third consecutive deficit at 539,000 ounces. “I think the key thing that we’re seeing…
This Metal Faces ‘Largest Deficit in Decade’ as China Holds Demand – Ed Sterck
Jeremy Szafron, Anchor at Kitco News, interviews Edward Sterck, Director of Research at the World Platinum Investment Council, on platinum’s largest supply deficit in over a decade. Sterck explains that the deficit is driven by decreased mining output, a drop…
Edward Sterck: Platinum Deficit Revised Up Again, What’s Stopping the Price?
Edward Sterck of the World Platinum Investment Council discusses platinum supply, demand and prices, saying that a deficit of more than 1 million ounces is now in the cards for the precious metal in 2024. “From a supply/demand or underlying…
Edward Sterck: Platinum Deficit Revised Up, Watch H2 for Potential Price Move
Edward Sterck unpacks the World Platinum Investment Council’s latest quarterly report, explaining the supply- and demand-side factors that led the organization to revise its 2024 platinum deficit projection upward to 476,000 ounces. He also touched on when the metal’s price…
Edward Sterck: Platinum on Track for Record Deficit, Price Catalysts Building
Against a backdrop of strong demand and flat supply, platinum remains on track for a record 2023 deficit of 1,071,000 ounces. Edward Sterck of the World Platinum Investment Council breaks down those dynamics and what they could mean for the…
Edward Sterck: Platinum Facing Record Deficit, What’s Holding Back the Price?
In its latest quarterly report, the World Platinum Investment Council forecasts that the platinum market will hit a deficit of over a million ounces in 2023, the largest on record. Edward Sterck lays out the supply and demand factors that…
Will this precious metal beat gold, silver in 2023? – Edward Sterck
Edward Sterck, Director of Research at the World Platinum Investment Council, shares his outlook for platinum with David Lin, Anchor and Producer at Kitco News, including what’s driving its shift from surplus into deficit in 2023 and what that means…
