Tightening Platinum Supply and Rising Geopolitical Risk Are Reshaping PGM Investment Strategy – Article
- Rising geopolitical tensions in the Middle East and elevated oil prices are reinforcing inflation expectations, increasing investor interest in precious metals including platinum and palladium.
- Structural supply deficits in platinum, driven by declining South African output and geopolitical risks in Russia and Zimbabwe, are tightening market balances beyond cyclical price moves.
- Above-ground platinum inventories have fallen to less than five months of demand coverage, amplifying price sensitivity to incremental supply disruptions.
- Â Institutional forecasts are turning more bullish, with Bank of America raising its platinum price forecast to approximately $2,450/oz for 2026 amid persistent deficits.
- Development-stage projects outside…
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