Articles Tagged "platinum"

Platinum Price at 6-week High

Mining.com reported that Platinum pric in New York advanced to the highest level in six weeks on Monday, attributed largely to stronger gold price and reports indicating that the PGM market will remain in deficit.

WPIC Says Platinum Supply Deficit not as Large

Mineweb reported that the World Platinum Investment Council’s Q1 platinum report sees platinum remaining in deficit this year, but the deficit will not be as large as stated in a recent report from GFMS.

India’s Platinum Demand to Rise 25% this Year

Business Standard reported that demand for platinum in India is likely to rise twenty five per cent this year, attributed to growing consumers’ interest in bridal jewellery and other innovative collections.

Global Platinum shortfall Continues

Mineweb reported that the World Platinum Investment Council’s (WPIC) second ever Platinum Quaterly report has revealed that the global platinum demand exceeded supply by 700 000 ounces in 2014.