Platinum prices set to rise amid supply shortages - SABC News - Breaking news, special reports, world,

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Platinum prices set to rise amid supply shortages - SABC News - Breaking news, special reports, world,
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Platinum prices are set to rise this year, according to the latest Platinum Group Metals report.

An employee holds an ingot of 99.98 percent pure platinum in a workroom during production at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, Russia, January 31, 2023. REUTERS/Alexander Manzyuk

According to Johnson Matthey’s 2024 PGM market report, platinum is expected to face its largest supply shortfall in a decade.

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