The platinum market slid into deficit in Q1 for the first time since 2021’s second quarter. In its latest report, the World Platinum Investment Council (WPIC) ascribes the 392,000 ounce Q1 deficit to strong demand and supply limitations, saying that it’s now calling for a 2023 deficit of 938,000 ounces, up 77 percent from its...
February 9, 2025