The announcement comes just days after China said it would begin offering the same investment options by the first quarter of 2025
The Guangzhou Futures Exchange (GFEX) will launch platinum and palladium futures in Q1 2025, according to the producers' council.
China's increasing appetite for heavy-duty autocatalysts is driving platinum demand.
Costco expands its precious metals lineup, offering 1-ounce platinum bars and Maple Leaf coins for $1,089.99 online, following the success of its gold bars and tapping into rising platinum demand.
Birch Gold Group review as precious metals IRA company. Read our Birch Gold reviews for 2024: Fees, BBB, ratings & storage options.
While jewelers have increased inventory oversees, sellers have yet to see a spike in demand from consumers as Chinese market concerns grow.
Organization sees growing demand in all sectors and a reduced supply expected in 2024
Platinum, which has been in a bear market for years, may have found a bottom, according to analysts. The five-day chart looks very strong.
Platinum and palladium have seen better days, but could recent U.S. sanctions against Russia help prevent the precious metals from reaching market and drive prices higher?
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