Gold Surges, Platinum Hits Our Target. Can the Bulls Keep Going?

Well, the bulls certainly weren’t planning to sit quietly through Wednesday’s session! After several days of bearish pressure, buyers have launched impressive counterattacks across the metals market. Gold has pushed through resistance barriers that seemed particularly difficult to overcome just yesterday and platinum has reached another downside target we highlighted in advance – before staging a powerful recovery of its …

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China has increased its proven rhenium reserves by more than 200% and discovered large deposits of gold and nickel

A reassessment of 17 minerals in China revealed a significant increase in rhenium, gold, and nickel reserves. A new zircon deposit was also discovered. In China, a significant increase in explored reserves of strategic minerals was recorded following a large-scale reassessment of deposits. In particular, rhenium reserves increased by more than 200%, while gold and nickel reserves grew by amounts …

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A Rough Week for Platinum and Palladium

Platinum and palladium posted the steepest declines in the precious metals complex over the week. Platinum fell 7.2% to $1,538/oz and palladium dropped 7.5% to $1,022/oz, recording the two largest declines in the group. Silver was not spared either, falling 7.1% to $53.67/oz. These three assets, which are more exposed to industrial and automotive demand, bore the brunt of the …

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Platinum ETFs: What They Are and How They Work

Platinum exchange-traded funds (ETFs) are investments with exposure to the platinum market. These funds track the price of platinum through physical holdings or financial derivatives, offering an avenue for portfolio diversification. Although your ETF holdings are susceptible to price changes in the metal, you don’t have to take possession of them yourself. Keep reading to learn more about platinum ETFs, …

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Palladium Has Quietly Rallied While Gold and Silver Takeover the Headlines

A 47.3% wipeout in five months, a brief rebound, then another slide: that’s palladium’s 2026 so far. While gold sits above $4,000 and silver trades around $60, this is the precious metal still trying to hold a comeback. Gold and silver have spent October trading near the center of the precious-metals conversation. Palladium has had a far messier year. The …

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Beyond critical minerals: The strategic role of platinum group metals in a fragmented world

Most discussions about critical minerals focus on lithium, copper and rare earths but platinum group metals are unique because they already sit at the intersection of cleaner mobility, energy security, advanced manufacturing and artificial intelligence (AI). Therefore, beyond supply risk and resource concentration, governments should now pay attention to the strategic relevance of critical minerals. Strategic metals are defined by …

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Platinum crashed 42% from its record high after a surplus forecast spooked investors

Platinum touched $2,920 an ounce in January, a record that erased a 17-year-old high. Nine months later it’s trading near $1,700, and the reversal says more about how fast speculative money can leave a thin metals market than it does about any mine running out of ore. On January 26, platinum futures hit $2,925 an ounce, smashing the old 2008 …

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Platinum Demand Gains as Washington Slows the Electric Vehicle Push

The auto sector accounts for between 37 and 40 percent of global platinum demand, making it the single largest element of the market. That share has been given fresh support by the rollback of vehicle electrification under the White House administration, which has kept internal combustion engine sales running at a pace that surprised parts of the market. Platinum catalyst …

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TD sees rhodium surplus: supply, price and PGM mine planning takeaways

30 Second Briefing Rhodium is forecast by TD Commodity Strategy to swing to a 20,000‑oz surplus in 2027 after four years of deficits, pushing prices down from about $9,000/oz to $7,600 in 2027 and $6,500 in 2028 as mine and recycled supply rise against flat or falling autocatalyst demand. Above‑ground stocks are seen shrinking to just over three months of …

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