Platinum prices have just touched a 9-month high, fueled by supply crunches across the world
Platinum prices have been on the rise following the WPIC releasing its first forecast for 2023
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We examine the latest outlook for the platinum market after a recent rally.
Platinum prices have risen almost 7% this month due to shortages forecast by the World Platinum Investment Council
The XME has recently broken the 200-day moving average, boosted by a weakening USD and rising dividends
Market optimism on improving auto demand lifted platinum futures over the past weeks as China eases its zero-Covid policy.
Platinum prices have rallied more than 5% this week driven by speculations of China relaxing its zero-COVID policies
Platinum prices could receive a significant boost from the green hydrogen economy in the next few years
Platinum imports have reached record highs in India due to a new import tax loophole
Silver has soared more than 7% on Monday boosted by a disappointing September US ISM Manufacturing PMI number
Gold traded mostly flat at about $1,663 per troy ounce, ahead of the September US ISM Manufacturing PMI release
Precious metals were upbeat on Friday morning as the US dollar languished around one-week lows