Despite cautionary indicators, platinum price will rise within a year, analyst says

Although the global economic and industrial “dashboard is littered with red and  yellow indicators”, Metals Focus platinum group metals (PGMs) research director Wilma Swarts believes there are long-term upsides to platinum, in particular. “We are in a very cautionary stage. Confidence is fragile and we have political uncertainty, we have regulatory uncertainty, and all of that plays a part in what we see is happening with the PGM industry, both on the supply side and on the demand side,” she said at the 2025 PGMs Industry Day, in Johannesburg, on April 3.

Apr 4, 2025 - 14:09
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Despite cautionary indicators, platinum price will rise within a year, analyst says
Although the global economic and industrial “dashboard is littered with red and  yellow indicators”, Metals Focus platinum group metals (PGMs) research director Wilma Swarts believes there are long-term upsides to platinum, in particular. “We are in a very cautionary stage. Confidence is fragile and we have political uncertainty, we have regulatory uncertainty, and all of that plays a part in what we see is happening with the PGM industry, both on the supply side and on the demand side,” she said at the 2025 PGMs Industry Day, in Johannesburg, on April 3.