Platinum Price Watch: Key Levels for June 2025
Platinum is quietly gaining attention in the metals market this year. After years of being overshadowed by gold, platinum is showing signs that it could be on the verge of a significant price move. The main story driving this shift is a persistent supply shortage combined with growing demand from several industries.
The platinum market has been running a deficit for three years straight, and 2025 looks no different. Experts expect the shortfall to reach nearly one million ounces this year alone, which amounts to about 12% less than what buyers want worldwide. This ongoing gap between supply and demand means that existing stockpiles are shrinking fast and may run out within just a few years.
On the supply side, production challenges are limiting how much platinum mines can deliver—especially in South Africa, which produces most of the world’s platinum. Recycling efforts aren’t enough to fill the gap either, and there are no major new mines expected soon to boost output.
Meanwhile, demand remains strong across multiple sectors:
– Automotive industry needs more platinum for catalytic converters.
– Jewelry markets, particularly in China, continue to grow.
– Industrial uses keep expanding.
– Investors are increasingly interested as well.
This combination creates pressure on prices because there simply isn’t enough metal available to meet all these needs.
Looking at price levels for June 2025 specifically, forecasts suggest that platinum could approach or surpass $1,400 per ounce by mid-year. Some predictions even see it reaching $1,500 later in 2025 if current trends hold steady or improve further.
Volatility should be expected as trade policies and tariffs fluctuate globally; however, many analysts believe we’re nearing a tipping point where prices will break out higher due to these fundamental factors rather than temporary market moves.
In summary (without summarizing), watch key price levels around $1,400–$1,500 closely this June—they represent critical thresholds where investor sentiment might shift strongly upward if deficits persist and demand continues climbing amid constrained supply conditions. Platinum’s quiet rise may finally be turning into something big after years under gold’s shadow.