Platinum Price Update: June 2025 Investor Guide
Platinum has been making headlines in 2025 with its price reaching new historical highs. This precious metal is showing strong bullish momentum, driven by several key factors that investors should understand as they consider their options.
First, the platinum market continues to experience significant supply deficits. From 2025 through 2029, annual shortages are expected to average around 727,000 ounces each year. This means demand consistently outpaces supply by roughly 9%, a trend that puts upward pressure on prices. These deficits stem from ongoing challenges in mining output and increased consumption across various sectors.
Another important driver is the growing demand from China’s jewelry market, which has been expanding steadily. Alongside this, physical platinum supplies are geographically scattered and sometimes difficult to access efficiently. These logistical issues contribute further to tightening availability.
The broader economic environment also plays a role. Despite global uncertainties and slower growth forecasts due to shifting trade policies and geopolitical tensions, platinum prices have risen about one-third so far this year. Investors are increasingly attracted by trends such as de-dollarization—where some countries reduce reliance on the US dollar—which tends to boost interest in precious metals like platinum as alternative stores of value.
Looking ahead through mid-2025 and beyond, forecasts suggest platinum could reach around $1,400 per ounce by mid-year and potentially climb toward $1,500 later in the year or early next year. Over the next five years (2026–2030), projections indicate a steady increase with prices possibly rising over 30% or more as supply-demand imbalances persist and industrial uses expand.
For those considering investment opportunities now or planning for longer-term holdings, these dynamics make platinum an intriguing option within the precious metals space—especially given its unique industrial applications alongside traditional roles as a store of value.
In summary (without summarizing), keeping an eye on ongoing supply deficits combined with emerging demand trends will be crucial for understanding how platinum’s price might evolve throughout 2025 and into the coming decade.