Platinum Prices

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    December 9, 2025

    Why are Platinum Prices so high?

    09-12-2025 - Over the past month, the price of Platinum on the NYMEX has seen a notable increase, climbing from $1,528.3 per ounce to $1,655.0 per ounce. This rise indicates either a strong demand or a reduced supply of this commodity in the market. The current forecast for Platinum is $1,650.1 per ounce, slightly lower than the latest price of $1,655.0 per ounce, reflecting a minor decrease of 0.3%. This generally stable forecast suggests minimal risk of significant price fluctuations.

    The forecast highlights upward price pressure on Platinum, primarily due to supply factors, including inventory impacts of $19.0 per ounce. Demand and market flows also support this upward trend, although technical data points to a potential decline, presenting mixed signals overall.

    While the forecast anticipates a decrease in NYMEX Platinum prices to $1,650.1 per ounce over the next month, external analyses offer a different perspective. A report from LiteFinance, dated December 1, 2025, suggests that most analysts expect Platinum prices to rise to $1,639.00 by the end of 2025, with some predictions even reaching $1,769.62. This indicates that external sources foresee an upward trend in Platinum prices, contrasting with the forecasted decline.

    What is the current / spot price of Platinum?

    Platinum Price Today
    December 9, 2025
    Current Price
    1655
    $/t

    What is the forecast for the price of Platinum?

    Platinum Price Forecast
    December 9, 2025
    1 Month Forecast
    1650.1
    $/t
    1 Year Forecast
    1714.7
    $/t

    What are the short-term drivers of Platinum prices?

    Over the 1 Month horizon the outlook is moderately bearish due to drivers such as: - EWMA-based technical analysis - The net positions of speculators on NYMEX Br(None) The top contrary drivers for the 1 Month horizon are: - Platinum Stocks (CMX) - Long term price trends - Movements in the Chinese Yuan

    What are the long-term drivers of Platinum prices?

    Over the 1 Year horizon the outlook is bullish due to drivers such as: - The net positions of speculators on NYMEX - The shape of the futures curve - Movements in the Euro Br(None) The top contrary drivers for the 1 Year horizon are: - EWMA-based technical analysis - Short term price trends

    Will the price of Platinum go up?

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