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Palladium Oversold and Platinum’s Attractive Fundamentals

 

World Platinum Investment Council

March
Category: Invest

 

In the latest Platinum Perspectives article published by the World Platinum Investment Council, we see how the fall in palladium prices has closed its differential to platinum. This is the first time since 2018 that the sister metals have been priced near parity.

Given the long-anticipated decline in palladium prices, with the metal projected to move into surplus by 2025, investors are predominantly holding short positions, exposing it to potential short-covering rallies.

Conversely, platinum’s market fundamentals appear significantly more favourable, with an ongoing deficit expected until at least 2028. This positive outlook should manifest in price adjustments once automaker inventory adjustments conclude.

Read the full article here.

 

Notes

The contents of this article are accurate at the time of publishing, are for general information purposes only, and do not constitute investment, legal, tax, or any other advice. Before making any investment or financial decision, you may wish to seek advice from your financial, legal, tax and/or accounting advisers.

This article may include references to third-party sources. We do not endorse or guarantee the accuracy of information from external sources, and readers should verify all information independently and use external sources at their own discretion. We are not responsible for any content or consequences arising from such third-party sources.

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