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Platinum Price predictions Empty Platinum Price predictions

Sun Jul 11, 2021 11:47 am
Will the platinum market continue to rally this year given the expected supply deficit? Analysts at Dutch bank ABN AMRO are optimistic on the outlook for platinum prices, noting in a recent analysis that not only will demand for catalysts in diesel engines rise to reduce emissions, but the adoption of fuel cell vehicles will further lift demand.
Their platinum price prediction has the metal returning to $1,300 an ounce by the end of 2021, then trending higher throughout 2022 to reach $1,400 an ounce by December. Analysts at Australian bank ANZ are more cautious, expecting the price to rise back above $1,300 an ounce heading into 2022, but predict it will then slip back to $1,250 an ounce by the end of June 2022.
Any thoughts everyone :thinking::ok_hand:
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