Platinum vs. Palladium: Which Metal Will Outperform After Gold and Silver Surge?

View: Source Gold and silver surges have shifted investor attention toward undervalued platinum and palladium. Platinum benefits from rising demand for green energy, while palladium shows signs of stabilizing. Technical charts indicate bullish price developments for precious metals, which may continue to drive prices higher in the coming years. Gold (XAUUSD) has surged to a new record level and captured the …

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Palladium rallies 3% on supply shortage concerns

View: Source Palladium prices rose during Monday trading amid a decline in the dollar against most major currencies and concerns over a shortage of the industrial metal. In China, the world’s largest consumer of industrial metals, the central bank kept benchmark lending rates unchanged for the fourth consecutive month in September, in line with market expectations, following last week’s decision to …

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Beyond Gold & Silver: Platinum and Uranium Signal New Opportunities

View: Source Gold and silver have dominated market headlines in 2025, with gold rallying nearly 38% YTD and silver soaring more than 43%. Both metals have benefited from the weaker dollar, Fed rate-cut expectations, geopolitical uncertainty, and India’s festive buying demand. Yet, the 2025 metals story extends far beyond bullion. Investors are turning to other under-the-radar commodities that are now outperforming traditional safe havens. …

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Palladium climbs over 2% on supply shortage concerns

View: Source Palladium prices rose during Tuesday’s trading despite a stronger U.S. dollar against most major currencies, supported by expectations of a global supply shortage. Sibanye-Stillwater, based in Johannesburg with operations in the U.S. and South Africa, has petitioned to impose tariffs on Russian palladium imports — a move that could further heighten price volatility. The company noted that Russian palladium …

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Platinum Rally Is Not Enough To Incentivize New Supply

View: Source China’s platinum imports hit records, draining Western vaults and pushing lease rates higher. Valterra warns prices need to rise another 50% to justify new supply amid tight global output.   Platinum has emerged as one of the best-performing commodities in 2025, with prices surging over 47%. Beyond speculative investments, intensifying shortages have driven the interest, raising concerns from both industrial …

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Rethinking EV projections and implications for PGMs

View: Source Due to the slower uptake of costly EVs there will still be demand for ICE vehicles and platinum group metals. It has been almost a decade since the Paris Accords, a global climate change risk mitigation agreement, were adopted by more than 190 countries, seemingly marking the beginning of the end for industries such as platinum group metal (PGM) …

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Platinum Supply Deficits ‘Here to Stay’

View: Source The rising platinum price is unlikely to dampen demand or stimulate additional supply, meaning that forecast market shortfalls are here to stay, says the mining-industry backed World Platinum Investment Council. ‘Inelastic’ is a term used by economists to describe a situation where a change in price has a relatively small impact on the quantity demanded of a good or service. In other …

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HSBC raises platinum and palladium price forecasts for 2025 and 2026

View: Source HSBC has raised its average price forecasts for platinum and palladium for 2025 and 2026, citing strong underlying fundamentals, according to a note dated July 22. It raised its average price forecasts for platinum to $1,215 an ounce (from $1,030) for 2025, and to $1,445 an ounce (from $1,310) for 2026. Palladium average price forecasts were raised to $1,100 …

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Platinum market’s ‘deep’ tightness shows little sign of relief

View: Source The platinum market has tightened to unprecedented levels in the past few days as tariff fears and speculative buying pull metal from the key London and Zurich markets into warehouses in the US and China. Following a record rally last month, spot prices have soared to fresh all-time highs and the implied cost of borrowing the metal for one month …

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