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…
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…