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Platinum's Surplus to Persist in 2019 Despite Demand Growth

  • Use for investment, industry will drive growth: WPIC
  • Switch by automakers from palladium unlikely to be felt yet
HOLD PLATINUM MINES

Photographer: Naashon Zalk/Bloomberg

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Platinum will remain in surplus in 2019, albeit a smaller one than this year, as the industry continues to grapple with declining demand from the automotive sector, the World Platinum Investment Council said in its quarterly report.