WebNov 25, 2024 · We hold a positive platinum and palladium price outlook for 2024 as demand grows, driven by the green hydrogen and automotive markets. Platinum and palladium prices have been especially volatile in 2024 in response to high levels of inflation and as a result of the Ukraine-Russia crisis, as consumers worry sanctions may be imposed on … WebAug 24, 2024 · Palladium price to rise through 2024-24. 24th August 2024. We forecast palladium demand to pick up slightly over the next two years, while supply growth is set to remain muted, keeping the market in a deficit throughout. Continued drawdowns of stocks over that period therefore make it likely that prices, already historically high, will rise ...
Is automotive demand for platinum increasing or decreasing?
WebAug 17, 2024 · In response, the consensus price forecast for gold was revised 0.8% higher in 2024, although an improving risk appetite and the prospect of stimulus tapering down the line capped upgrades to 0.3% in 2024 and 2024. Silver prices eased back to $25.55/oz July 30, dampened by the return of a broader appetite for risk among investors and lower-than ... WebMar 15, 2024 · The consensus zinc price forecast included two of the largest annual increases, 4.3% and 3.7% for 2024 and 2024, respectively, and at 2.6% was the highest average annual upgrade over the forecast period. The LME 3M nickel price hit a new 11-year high of $27,980/t on March 3 as a direct market response to the invasion. sebastian stan birthplace
Palladium Price Outlook - Monex Precious Metals
WebApr 14, 2024 · This would be a roughly 19,500 ounce to 23,400 ounce loss in palladium mine supply. While any loss in supply is supportive of prices, this is a minuscule loss with global palladium mine supply standing at between 6.5 to 7.0 million ounces. Furthermore, the demand side of the equation is very weak at this time and likely to remain so in coming ... WebDec 20, 2024 · Palladium Price Forecast. Dec 20, 2024 AU Bullion. Palladium prices are continuing to trend upwards and the metal is expected to reach a new peak by 2024. Reasons for this include increasing demand from electric vehicles and the mining sector, as well as growing concerns over climate change. The positive outlook for palladium is likely … WebMar 23, 2024 · Palladium Forecast: Q4 2024 Price: $1,500 – $2,300 Price drivers: Auto chip shortage, Covid19, Technicals Palladium Forecast: 1 Year Price: $2,500 – $2,600 Price … puma british championships