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Showing posts with the label Platinum Investment

Projected surplus in 2022 is of 637 koz platinum

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An updated outlook for 2021 and an initial forecast for 2022!   Recently, World Platinum Investment Council (WPIC) published twenty-ninth Platinum Quarterly data set, which examines activity in the third quarter of this year and includes an updated forecast for 2021. This edition of Platinum Quarterly presents platinum supply and demand developments for the third quarter of 2021, an updated outlook for 2021 and an initial forecast for 2022.    It also includes the WPIC’s views on issues and trends relevant to those investors considering exposure to platinum as an investment asset, plus an update on how our product partnerships continue to meet investors’ needs. The Platinum Quarterly data and commentary are prepared independently for the WPIC by Metals Focus.    Platinum demand for the total of automotive, jewellery and industrial applications in the third quarter of 2021 continued the steady year-on-year quarterly recovery seen since the fourth quarter of 2020. However, this dem

Platinum beyond the realm of jewelry!

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Shining a light on platinum!   In the series "Platinum beyond the Bench," PGI USA shares platinum stories with the goal of shining a light on platinum's many uses beyond the realm of jewelry. Information for ‘Platinum beyond the Bench’ is provided by the World Platinum Investment Council. Boots on the Moon: Platinum’s ability to unlock hydrogen technologies could help achieve sustainable space exploration goals NASA’s Artemis lunar exploration program hopes to send the first woman and the next man to the surface of the moon. While ‘boots on the moon’ are not expected until at least 2024, it is an ambitious program that aims to open up a new frontier in space travel. Throughout the Artemis program, robots and humans on the lunar surface will search for, and potentially extract, resources such as water that can be converted into other usable resources, including oxygen and hydrogen.  By fine-tuning precision landing technologies as well as developing new mobility capabili