Contact
QR code for the current URL

Story Box-ID: 1260046

Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jörg Schulte +49 2983 974041

Deficit looms on the platinum market

After several years of sideways movement, the platinum price has been moving in a positive direction since May.

(PresseBox) (Herisau, )
This article is published on behalf of Sibanye-Stillwater and Fortuna Mining, companies with which Swiss Resource Capital AG (SRC) has paid IR advisory agreements.

Platinum mine production is falling. Even if platinum demand declines slightly, there should still be an overall deficit in the current year. The wait should therefore have been worth it, as the pandemic high has been broken and a new ten-year high has even been reached. This year's price increase even exceeds that of gold. Although hydrogen technology has not yet become a major source of demand for platinum, sluggish sales of electric cars (with the exception of China) have kept platinum consumption for catalytic converters in conventional cars with combustion engines high.

According to the World Platinum Investment Council, this demand is expected to fall by two percent in 2025, but this will not dampen the platinum price trend. China consumes the most platinum, accounting for around 29 percent of global production. And since gold has become very expensive, platinum jewelry is now often replacing gold jewelry. This is reflected in the figures. Sales of platinum jewelry have risen significantly in China and other regions. At the same time, more platinum coins and bars are being sold as investment vehicles. From a global perspective, platinum demand therefore rose by around ten percent in the first quarter of 2025. Production fell by the same percentage.

But despite its high price, gold remains in high demand. Central banks, for example, now hold approximately 36,000 tons of gold. The peak was reached in the 1960s at 38,000 tons, when the Bretton Woods system was still in place. Sibanye-Stillwater - https://www.commodity-tv.com/play/sibanye-stillwater-well-on-track-to-become-cash-flow-positive-again-restructuring-bears-fruits/ - (USA and South Africa) is a successful producer of gold and platinum metals.

Fortuna Mining - https://www.commodity-tv.com/play/fortuna-mining-ceo-on-excellent-q1-results-and-future-growth/ -, with mines in West Africa and Latin America, is also successful in gold and silver production. In the second quarter of 2025, more than 71,600 ounces of gold were produced.

Current company information and press releases from Fortuna Mining (- https://www.resource-capital.ch/de/unternehmen/fortuna-mining-corp/ -) and Sibanye-Stillwater (- https://www.resource-capital.ch/de/unternehmen/sibanye-stillwater-ltd/ -).

In accordance with Section 34 of the German Securities Trading Act (WpHG), I hereby disclose that partners, authors, and employees may hold shares in the companies mentioned and that a potential conflict of interest therefore exists. No guarantee is given for the translation into German. The English version of this news release is the only authoritative version.

Disclaimer: The information provided does not constitute a recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for damages arising from the use of this blog. I would like to point out that shares and, in particular, warrant investments are generally subject to risk. The total loss of the capital invested cannot be ruled out. All information and sources are carefully researched. However, no guarantee is given for the accuracy of all content. Despite the utmost care, I expressly reserve the right to errors, particularly with regard to figures and prices. The information contained herein comes from sources that are considered reliable, but does not claim to be accurate or complete. Due to court rulings, the content of linked external sites is also our responsibility (e.g., Hamburg Regional Court, in its ruling of May 12, 1998 - 312 O 85/98), as long as we do not expressly distance ourselves from them. Despite careful content control, I assume no liability for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/de/disclaimer-agb/.

Website Promotion

Website Promotion
The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.
Important note:

Systematic data storage as well as the use of even parts of this database are only permitted with the written consent of unn | UNITED NEWS NETWORK GmbH.

unn | UNITED NEWS NETWORK GmbH 2002–2026, All rights reserved

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.