Global Platinum Demand to Spike 24% in 2023

Published: Mar 8, 2023 13:29

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Platinum demand is expected to grow 24% this year, the WPIC said.

Platinum demand is expected to grow 24% this year, the WPIC said, as parts of the auto industry are substituting cheaper platinum for palladium and demand for gold bars and coins is improving. Typically, platinum demand comes from three main sectors: auto catalysts, jewelery and industrial production.

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