OCBC Expands Digital Platform, Lowers Barrier for Retail Investors to Trade Platinum and Palladium

Published: Aug 11, 2026 20:50

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[SMM Express] OCBC has expanded its digital precious metals platform to allow retail investors to trade platinum and palladium bullion through its mobile app, starting from just 0.01 oz. Based on recent prices, the minimum investment is equivalent to around S$23 for platinum and S$18 for palladium, significantly lowering the entry barrier for retail participation.

The move comes as investment interest in PGMs grows, with OCBC Group Research maintaining a bullish outlook and forecasting platinum above US$2,000/oz and palladium above US$1,500/oz by H1 2027. Unlike gold, PGM prices are strongly influenced by industrial demand from automotive, industrial and clean-energy applications as well as highly concentrated supply chains.

The expansion could broaden the investor base for platinum and palladium, potentially supporting investment demand and market liquidity. With both metals already facing evolving supply-demand dynamics, increased retail access through digital platforms could become an additional source of demand alongside industrial consumption and institutional investment.

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