The global platinum market is projected to experience a significant deficit for the second consecutive year in 2024, driven by strong demand, particularly in the jewellery sector. This news comes from the World Platinum Investment Council’s (WPIC) latest Platinum Quarterly report. This quarter, global platinum jewellery demand surpassed 500 koz for the first time since […]

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Despite an anticipated 9 percent increase in demand for platinum in 2019, demand for the precious metal for jewelry fell 5 percent in the second quarter of the year. Demand for platinum for jewelry fell 30 koz year-on-year. The World Platinum Investment Council (WPIC) said this drop was due to a continued decline in Chinese […]

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Two recent reports brought out by leading trade bodies Platinum Guild International (PGI) and World Platinum Investment Council (WPIC) indicate that demand for platinum jewellery continues to rise during Q2 2018 across India, the US and many other countries, but remains dull in China, the largest platinum jewellery market in the world. WPIC’s Platinum Quarterly […]

The post Q2 Demand for Platinum Jewellery Up in India and US, But Remains Weak in China appeared first on The Jewelry Magazine.