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Platinum Investment Council Says Balancing the Market Unlikely to Fix Supply Issues

A recent report from the World Platinum Investment Council highlights that demand for platinum is strong and prices may likely stay elevated into next year. The council explains that unprecedented conditions in Q3 lifted the metal’s prices to their highest in over a decade, noting that even as the market slowly moves toward equilibrium, supply conditions are projected to remain tight through 2026.

For now, enterprises like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) are enjoying the price surge that the…

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