platinum

Investing.com — prices have remained locked within a relatively narrow range despite ongoing market deficits, as per strategists at UBS.  Over the past three years, the precious metal has fluctuated between $850 and $1,150 per ounce, averaging around $962/oz—close to its current spot price.  This stability has persisted despite tight…

Investing.com — UBS Global Research has maintained a cautiously optimistic outlook on , with a target price of $1,100/oz by mid-2025 in a note dated Monday. The note mentions that while the market conditions are currently challenging, there are factors that could support this price target over the next year.…

By Polina DevittLONDON (Reuters) – The global platinum deficit in 2024 will be deeper than previously expected due to lower supply from mines in South Africa and Russia, the World Platinum Investment Council (WPIC) said on Monday.2024’s deficit of 476,000 troy ounces will, however, be smaller than 2023’s 851,000 ounces…