Industrial Demand for Platinum Driving Significant Supply Shortfall

21 November 2023

The world faces a significant platinum supply shortfall due to record industrial demand. According to a report by the World Platinum Investment Council (WPIC), the platinum market faces a 1.07-million-ounce deficit in 2023. The supply shortfall is expected to extend into 2024. With two years of significant market deficits, we will likely see upper pressure […]

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