Platinum Posts 30% Rally in Q1 2026
As supply deficits continue to influence platinum markets, the precious metal has registered a 30% climb in its price so far this year. This is according to a report on commodity prices published in April by the World Bank. This price increase has largely been driven by persistent supply deficits that have squeezed markets and exerted upward pressure on prices. Data from the World Platinum Investment Council released at the end of last year indicates that the supply side has seen deficits grow from 921,000 ounces in 2024 to 1.08 million in 2025. The gap between supply and demand is…