Platinum market in the first quarter of 2021
Precious metals have increased significantly in recent weeks and several factors have contributed to this. First, there is the worsening of debt problems in Europe and the United States, as well as the growing fear of a second wave of recession in the United States and the fear of inflation in many Asian countries, particularly … Read moreGold, silver and platinum are growing steadily
Investment demand for platinum: state and prospects
Western Europe remains the largest market for diesel passenger vehicles in the world, despite a decline in diesel market share over the past few years. The region accounts for 30% of global autocatalyst platinum demand (approximately 780,000 ounces). In recent years, tightening legislation on emissions from vehicles with both diesel and gasoline engines has led … Read moreWill Euro 7 be a driver or a threat to platinum demand?
Regardless of the rise in the price of platinum on the Shanghai Gold Exchange, purchases of precious metals in 2021 continue to gain momentum. Cumulative trading volumes in the first five months of the year were 637 thousand ounces, up from 647 thousand in the same period last year, which included a record 343 thousand … Read moreWill platinum rebound in the second half of 2021?