Platinum Outlook 2024. “this strong jump in production is expected to outpace demand levels for (2021) and in 2022, and the platinum market should remain in surplus until at least. Platinum prices seem most likely to continue in a sideways fashion with a slight downside bias in.
Platinum decreased 19.95 usd/t oz. These factors are expected to keep platinum prices supported but are not likely to result in any meaningful strength in prices unless there is an actual drop in.
Analysts Foresee Platinum Stabilizing Around $1,000/Oz After 2024 (As For February 22,.
Analysts and traders have lowered their price forecasts for platinum and palladium in 2024 due to weak auto production and concerns about a global economic.
“This Strong Jump In Production Is Expected To Outpace Demand Levels For (2021) And In 2022, And The Platinum Market Should Remain In Surplus Until At Least.
If such a broad market sell off were to occur a drop in platinum prices toward $800 is very likely to materialize.
These Factors Are Expected To Keep Platinum Prices Supported But Are Not Likely To Result In Any Meaningful Strength In Prices Unless There Is An Actual Drop In.
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It Is The Only Major Metal In The Group That Is Expected To Rise By 2028 From Last.
Platinum supply remains challenged, both from.
In The Absence Of Such Weakness, Platinum Prices Are.
According to the bank’s platinum price forecast for 2023, the platinum price could fall to $875 in the first quarter but then trend higher to $1,100 by the end of the.
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