• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    market news

    Platinum Bull Market to Come?

    Teresa Matich
    Oct. 22, 2014 09:07AM PST
    Precious Metals

    According to an article from Seeking Alpha, platinum could still stand to swing into a bull market this year on the back of shrinking resources and slowing production from South Africa. Analysts from J.P. Morgan and Standard Bank see stockpiles that have stopped prices from rising as of late are rapidly being depleted.

    According to an article from Seeking Alpha, platinum could still stand to swing into a bull market this year on the back of shrinking resources and slowing production from South Africa. Analysts from J.P. Morgan and Standard Bank see stockpiles that have stopped prices from rising as of late are rapidly being depleted.

    As quoted in the publication:

    Pt prices need to rise substantially to incentivize increased production that would be necessary to offset continued global growth in demand – driven predominantly by the autocatalyst sector, which is forecast to continue to expand in terms of both catalytic converter units and PGM loading per unit, as detailed by Standard Bank Group in their report from April this year. J.P. Morgan projects an average price for platinum in 2015 of $1638/oz. – with the price rising each quarter next year – a very bullish projection.

    In 2016, the analysts anticipate platinum to average $1850/oz. Their longer-term price is $2000/oz., based on the minimum estimated price to incentivize the development of a new deep-level South African mine.

    Click here to read the full article.

    j.p. morganstandard bankmarket newsseeking alpha
    The Conversation (0)

    Go Deeper

    AI Powered
    Stacked platinum bars with blurred movement effect.

    Platinum Price Update: H1 2025 in Review

    Closeup of platinum bars stacked together.

    Platinum Price Pushes Past US$1,600 to Fresh 12 Year High

    Latest News

    September Quarter Gold Production Increases by 90%

    Trading Halt

    Locksley Qualifies for Trading on U.S. OTCQX Market

    Locksley Resources Limited Qualifies for Trading on U.S. OTCQX Market

    Locksley Announces Major Advancement at Mojave as Structural Mapping Expands Scale of Antimony Target with a 400% Increase in Target Strike Length

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES