Price Volatility & Correction in Platinum Group Metals May 2021
An Update from The Experts
By David Mitchell
June 5th 2021
Price volatility, corrections and consolidation since February 2021 have somewhat frustrated investors in both Platinum and Palladium.
This correction in the platinum group metal (PGM) must be observed in the context of significant rallies in these metals from their March 2020 lows, during which time Platinum surged 140% into the end of January 2021, while Palladium rallied 100% into the beginning of May of this year.
The investment prognosis must remain focused upon the real overall macroeconomic picture and what this means for prices in platinum in particular, as well as the other precious metals and the overall commodity complex. This outlook and forecast for substantial price revaluations remains unwavering and extremely dynamic.
Please take a look at our latest article with highlights from market experts who are at the forefront of the industrial supply and demand chains.
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