Platinum (LBMA) Prices

15-04-2026 - Over the past month, the price of Platinum (LBMA) has remained relatively stable, with a slight decrease from $2,077.0/oz to $2,075.0/oz. This stability indicates a balanced demand and supply in the raw material market. However, the forecast predicts a decline to $1,994.6/oz, a -3.9% decrease from the current price of $2,075.0/oz, suggesting a potential downward trend. This forecasted decline is primarily attributed to a significant supply impact of -$47.40/oz from inventories, indicating lower prices due to supply and demand dynamics. Despite this, other factors such as flows and technical data suggest upward pressure, resulting in a mixed market outlook.

Contrary to the forecast, recent analyses present a different perspective. The LBMA's 2026 Precious Metals Forecast Survey anticipates an average platinum price of $2,676/oz, with projections ranging from $2,150 to $3,250/oz. This suggests an expectation of price increases rather than a decline. Therefore, there is a divergence in opinions regarding the future direction of platinum prices, with external sources indicating potential price growth despite the forecasted downward trend. This mixed outlook highlights the potential for market volatility affecting raw material prices.