What Could Trigger a Platinum Supercycle
Platinum is a rare metal used in cars, jewelry, and new tech like hydrogen fuel cells. A supercycle means its price could soar and stay high for years, much like gold or oil have in the past. Several real-world forces might spark this for platinum right now.
One big trigger is trouble with supplies from Russia. Russia makes about 40 percent of the worlds palladium, and platinum often moves with it as part of platinum group metals, or PGMs. US companies like Sibanye-Stillwater want tariffs on Russian imports due to dumping and tensions. If tariffs hit in late 2026 or sanctions cut supply, prices could jump fast. Check details at https://planetbanknote.com/banknote-blog/the-great-revaluation-strategic-outlook-on-commodities-equities-and-the-return-of-tangible-assets-20252026/.
The shift to green energy adds huge demand. Platinum powers fuel cells in hydrogen cars and clean power systems. As countries push for net zero, more electric and hydrogen vehicles need it. This fits a broader green supercycle for metals like copper and silver in solar panels and EVs. Learn more from http://markets.chroniclejournal.com/chroniclejournal/article/marketminute-2025-12-17-global-turmoil-fuels-commodity-divide-safe-havens-soar-as-energy-wanes-amidst-geopolitical-tensions.
Mining has not kept up. For a decade, companies skipped big investments in new mines due to tough rules on environment, social issues, and low profits. Supply stays tight while demand grows from tech and clean energy. This underinvestment sets up supercycles, as seen with other commodities. See analysis at https://planetbanknote.com/banknote-blog/the-great-revaluation-strategic-outlook-on-commodities-equities-and-the-return-of-tangible-assets-20252026/.
Geopolitical mess helps too. Global tensions drive investors to safe metals like platinum, which acts as both a safe haven and industrial must-have. Experts at firms like Man Group favor PGMs for this mix. Read their take at https://www.man.com/insights/macroeconomics-and-markets.
Blogs from Goehring and Rozencwajg point to platinum group metals rising with uranium in recent splits, tied to a big commodity shift. Their Q2 2025 note highlights this at https://blog.gorozen.com/blog/all.
Sources
http://markets.chroniclejournal.com/chroniclejournal/article/marketminute-2025-12-17-global-turmoil-fuels-commodity-divide-safe-havens-soar-as-energy-wanes-amidst-geopolitical-tensions
https://planetbanknote.com/banknote-blog/the-great-revaluation-strategic-outlook-on-commodities-equities-and-the-return-of-tangible-assets-20252026/
https://www.barchart.com/story/news/36631412/silver-could-hit-triple-digits-in-2026-heres-why
https://blog.gorozen.com/blog/all
https://www.man.com/insights/macroeconomics-and-markets
https://www.jpmorgan.com/insights/global-research/outlook/market-outlook