Rhodium and palladium hogged the limelight in 2020, but platinum will be the PGM to watch over the months to come, Singapore-based investment fund Auctus Metals said in a report this month.
David Davis, a precious metals consultant who wrote the report for Auctus, pointed to a number of factors on the supply and demand side that could prove bullish for platinum in the near term.
He said efforts by the South African PGM producers to chase those metals with the largest supply deficits – ie rhodium and palladium – meant reefs were yielding lower amounts of platinum over time.
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