The post Platinum On Edge As A Long-Term Deficit Flips To Surplus appeared on BitcoinEthereumNews.com.

A 75% price rise since the beginning of the year by platinum as it has outperformed gold might be coming to an end as a multi-year supply deficit of the metal morphs into a modest surplus next year. The flip from a forecast 692,000-ounce shortfall this year is tipped by the World Platinum Investment Council to be replaced by a 20,000oz surplus next year and while technically described as a balanced market the change will affect investor sentiment. Platinum bars ingots background. getty Long seen, like silver, as a precious metal substitute for gold, platinum and its sister metal palladium, have extensive industrial uses, including in jewelry and as catalysts to remove noxious gases from the exhausts of internal combustion engines (ICE). The increasing popularity of electric cars had been expected to dampen the catalyst market but that’s been a slow-moving event as consumers prove to be slower than expected to embrace EVs with many car buyers preferring the half-way house of hybrid engine technology which solves the problem of range anxiety. Significantly, hybrid engines require a heavier coating of platinum than a conventional ICE vehicle. But most of the heavy lifting in the platinum price rise from $932/oz in early January to latest sales at $1637/oz has been a direct result of investors looking for a cheaper entry into the precious metals sector, which essentially means choosing silver, platinum or palladium. Poor Man’s Metals Silver, long derided as the poor man’s gold, has been slightly stronger than platinum with a 77% rise since the start of the year. Palladium is up 61%, also ahead of gold which has risen by 60% this year, building on three earlier years of increases which have seen the king of precious metals rise by 155% since mid-2022. The test for platinum, which has…

---

Filed under: News - @ November 28, 2025 8:20 am