Platinum jewellery demand recovery encouraging – PGI
Industry organisation Platinum Guild International (PGI) highlights jewellery as an important demand segment for platinum, accounting for around 25% of total yearly platinum demand. It cites data that shows that platinum jewellery demand declined significantly between 2014 and 2023 owing to shrinking demand in China, which was, for many years, the largest market for platinum jewellery, peaking in 2014 at two-million ounces of demand.
Industry organisation Platinum Guild International (PGI) highlights jewellery as an important demand segment for platinum, accounting for around 25% of total yearly platinum demand. It cites data that shows that platinum jewellery demand declined significantly between 2014 and 2023 owing to shrinking demand in China, which was, for many years, the largest market for platinum jewellery, peaking in 2014 at two-million ounces of demand.
