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…