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Industria

Other Precious Metals & Mining

Al di fuori dell’oro e dell’argento, l’estrazione di metalli preziosi spesso significa metalli del gruppo del platino con una domanda altamente specializzata in catalizzatori per automobili, gioielli, prodotti chimici e prodotti di investimento. Questi mercati sono generalmente più piccoli e strutturalmente più ristretti, quindi i prezzi possono variare bruscamente quando cambiano la disponibilità fisica, i tassi di locazione o la sostituzione dell’uso finale. Ciò rende il gruppo più sensibile all’offerta e meno liquido rispetto ai minatori d’oro.

Numeri reali

Other Precious Metals & Mining in sintesi

2025 platinum deficit

966 koz

WPIC forecast for the 2025 platinum market deficit.

2025 supply change

-4%

WPIC June 2025 view for platinum supply and demand.

YTD platinum price move

+55%

WPIC said platinum rose 55% year to date by June 18, 2025.

What shapes this industry

Key factors

Sector lens

The industry is really a balance between only a few recurring variables

This page emphasizes the interaction between the factors rather than treating them as isolated bullets. That usually gives a truer picture of how returns are really made.

01
Physical Tightness

These markets can become supply-driven very quickly because above-ground stocks are limited.

02
Automotive and Industrial Use

Catalysts and industrial applications still anchor much of the demand base.

03
Lease Rates and Inventory

A tight lease market is often a stronger signal than the spot price alone.

Tight physicals

Smaller precious-metals markets reprice faster when physical availability tightens

Compared with gold, these markets are smaller, less liquid, and more exposed to localized supply shock and lease-market tension.

Operating read
Supply concentration
A small number of producing regions can dominate the whole market balance.
Industrial intensity
Catalysts and specialty industrial uses keep the demand base more cyclical than many assume.
Lease-market signal
When borrowing metal tightens, the physical market is often under more pressure than spot suggests.
Verified numbers
2025 platinum deficit
966 koz

WPIC forecast for the 2025 platinum market deficit.

2025 supply change
-4%

WPIC June 2025 view for platinum supply and demand.

YTD platinum price move
+55%

WPIC said platinum rose 55% year to date by June 18, 2025.

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