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Can platinum’s price surge continue? World Platinum Investment Council gives forecast

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Many of the variables that have kept back platinum in the past, consisting of demand, liquidity in the futures markets, and visibility, are currently coming to be tailwinds for the cost, said Trevor Raymond, supervisor of study at the Globe Platinum Financial Investment Council.

Platinum has increased 13% considering that the beginning of 2021.

0:00 – Platinum's cost fundamentals
4:08 – Platinum vs. gold
5:58 – Higher demand for platinum
7:28 – Hydrogen gas cells
9:11 – Futures market for platinum
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Can platinum’s price surge continue? World Platinum Investment Council gives forecast

Many of the factors that have held back platinum in the past, including demand, liquidity in the futures markets, and visibility, are now becoming tailwinds for the price, said Trevor Raymond, director of research at the World Platinum Investment Council.

Platinum has risen 13% since the start of 2021.

0:00 - Platinum's price fundamentals
4:08 - Platinum vs. gold
5:58 - Higher demand for platinum
7:28 - Hydrogen fuel cells
9:11 - Futures market for platinum
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

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