ANZ Bank Sees Platinum Prices Rising by End-2023 amid Huge Supply Shortage, Givers Forecast for Silver and Gold

ANZ Bank expects that there will be a supply shortage of 400,000 ounces in the platinum market in 2023.

Platinum prices are expected to rise to $1,150/oz by the end of 2023, palladium prices will hover around $1,420/oz, and silver prices will reach $26/oz.

Wear-end gold price target remained unchanged at around $2,100/oz as recent declines in gold prices could drive buying.

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