Platinum Surplus is ‘Fragile’ Amid Supply Risks, Council Warns

Platinum’s surplus is “fragile” amid supply risks and growing demand, according to the World Platinum Investment Council.

“Supply is fairly constrained and you will not see supply from mines growing in the near or medium-term future,” Chief Executive Officer Paul Wilson said at a precious metals conference in Singapore on Tuesday. “What we see in terms of demand growth is really quite exciting. We believe the market is at a turning point.”