Tuesday, 02 January 2024 12:17 GMT

Ongoing Debasement Trade Could Help Platinum Outperform Gold


(MENAFN- Investor Brand Network) While inflation fears have exerted pressure on precious metal prices, the WPIC (World Platinum Investment Council) thinks platinum is well positioned to outperform gold as the debasement trade continues. WPIC says the market fundamentals of platinum remain tight as investment demand gathers momentum.

That said, macroeconomic and geopolitical factors continue to hang over the platinum market, and stakeholders like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) will be weighing each of these factors as they evolve over the...

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