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Experts remain bullish on platinum despite recent market volatility and short-term surpluses.

Market News
04 Jun 2026
Stjepan Kalinic
View Source
Neutral
pluang ai news

Platinum prices have seen significant volatility, rising from $1,192 to $2,819 per ounce before settling below $2,000. Despite a recent surplus in the first quarter driven by supply recovery and investor liquidations, experts highlight persistent structural deficits and declining inventories as bullish factors. Demand is evolving beyond automotive uses to include hydrogen fuel cells and AI infrastructure, supporting long-term growth. However, macroeconomic risks like geopolitical tensions and slower growth could temporarily affect demand.

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