A glimpse of hope for platinum. Forecast as of 06.09.2023

If only supply and demand affected quotes, platinum would have no equal. Alas! A macroeconomic background and other factors also matter, to the XPTUSD's disappointment. Let’s discuss it and make a trading plan.

Monthly fundamental forecast for platinum

The World Platinum Investment Council reported that the market is heading to a record deficit of 1 million ounces in 2023, pushing XPTUSD quotes down as demand soared and supply remained flat. Investors have been aware of the energy crisis in South Africa for a long time, but the news about growing demand in Europe and China amid the tough economic situation… Read full author’s opinion and review in blog of #LiteFinance