PRESS ROOM
Platinum and palladium are down, but not out
Friday 25th June '21
Platinum and palladium have both experienced a slowdown in their demand from the auto sector which is currently facing difficulties in sourcing semiconductors. The outlook may improve once these supply chain issues are resolved. Both metals have also drawn down sharply alongside gold in response to the latest Federal Reserve meeting that ended on 16 June. Fundamentally, both metals are expected to remain undersupplied this year.