The post-pandemic recovery is doing great things for platinum prices, and they may well go higher still on the strength of climate concerns, since platinum, as we are reminded in the latest quarterly report from the World Platinum Investment Council (WPIC), plays a big part in green technologies.
During the first quarter of 2021, with widespread stimulus measures impacting the economy, demand for platinum increased by 26% year-on-year, to 1,969 koz (thousand ounces).
The CTA community has a big bet on the ongoing post-COVID economic recovery, especially in the . . .
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available. Research articles require an Annual sub.