--- title: "Platinum Market Analysis" site: "Monex Precious Metals" domain: "https://www.monex.com/" type: "Post Category" featured_image: "https://www.monex.com/wp-content/uploads/platinum.jpg.webp" last_updated: "June 5, 2026" canonical_url: "https://www.monex.com/category/platinum/" markdown_url: "https://www.monex.com/category/platinum.md" --- # Platinum Market Analysis ![](https://www.monex.com/wp-content/uploads/Artwork-265-5.png.webp) Researching palladium market news or investment opportunity options? Let Monex do the footwork for you. We review a wide range of publications by industry-leading experts to provide you with the latest on palladium price news and market analysis. Subscribe now to receive this valuable information directly in your inbox and begin your research today. ## Posts ### [Platinum Price Outlook – May 2026](https://www.monex.com/platinum-price-outlook-may-2026/) May 18, 2026 · From CPM Group in 5/4/26 Precious Metals Advisory “Platinum prices were moving in a rangebound fashion between $1,880 and $2,170 over the course of April. Platinum prices had moved into the upper half of this range, in early May, at the time of writing this report. Prices are likely to continue moving sideways in a volatile fashion driven higher and lower, with a more... [Read More](https://www.monex.com/platinum-price-outlook-may-2026/) ### [Platinum Price Outlook – April 2026](https://www.monex.com/platinum-price-outlook-april-2026/) April 8, 2026 · From CPM Group in 4/2/26 Precious Metals Advisory “Platinum prices softened during March. On an intraday basis, platinum prices slipped to a low of $1,721.40 but quickly recovered from that level. While platinum prices are off more than $1,000 from their record high levels reached earlier this year, the price of platinum still is in an uptrend that has been in place since more... [Read More](https://www.monex.com/platinum-price-outlook-april-2026/) ### [Platinum Price Outlook – March 2026](https://www.monex.com/platinum-price-outlook-march-2026/) March 19, 2026 · From CPM Group in 3/5/26 Precious Metals Advisory “After reaching record high levels in late January and falling around 27% shortly thereafter, platinum prices staged a recovery during February. By the end of February, platinum prices had retraced roughly 40% of their late January losses. While platinum prices are not testing record high levels remain at historically elevated levels and overall, the uptrend more... [Read More](https://www.monex.com/platinum-price-outlook-march-2026/) ### [Platinum Price Outlook – February 2026](https://www.monex.com/platinum-price-outlook-february-2026-2/) February 10, 2026 · From CPM Group in 2/5 Precious Metals Advisory Platinum Price Outlook “Platinum continued to build on the strength in prices experienced during 2025, reaching fresh record high levels in January 2026. Strength in the gold market has been particularly influential in driving platinum prices higher in recent quarters. While not in a deficit, the platinum supply and demand balance has tightened, which coupled more... [Read More](https://www.monex.com/platinum-price-outlook-february-2026-2/) ### [Platinum Price Outlook – January 2026](https://www.monex.com/platinum-price-outlook-february-2026/) January 15, 2026 · From CPM Group in 1/5 Precious Metals Advisory Platinum Price Outlook “Platinum prices had an extremely interesting 2025. After moving mostly sideways in a tight range around $1,000 from the beginning of the year to the third week of May, prices began to climb rapidly. A combination of factors helped drive platinum prices higher, including Chinese platinum import data that had spiked higher, more... [Read More](https://www.monex.com/platinum-price-outlook-february-2026/) ### [Platinum Price Outlook – December 2025](https://www.monex.com/platinum-price-outlook-december-2025/) December 10, 2025 · From CPM Group in 12/4/25 Precious Metals Advisory “Platinum prices traded mostly sideways through November, fluctuating between $1,500 and $1,600. A sharp breakout in gold and silver on the final trading day of November helped lift platinum as well, with the metal closing the month at $1,685 after touching an intraday high of $1,695.90. Prices continued to strengthen on 1 December, reaching $1,736, more... [Read More](https://www.monex.com/platinum-price-outlook-december-2025/) ### [Platinum Price Outlook – November 2025](https://www.monex.com/platinum-price-outlook-november-2025/) November 24, 2025 · From CPM Group in 11/6/25 Precious Metals Advisory “After rising along with gold earlier in September and the first half of October, platinum prices were dragged lower alongside gold prices during the second half of October. Despite the pullback in platinum prices, the metal still is trading at its highest levels since 2013. This highlights the generally favorable investor sentiment toward the entire more... [Read More](https://www.monex.com/platinum-price-outlook-november-2025/) ### [Platinum Price Outlook – October 2025](https://www.monex.com/platinum-price-outlook-october-2025/) October 16, 2025 · From CPM Group in 10/9/25 Precious Metals Advisory “Platinum prices reached their highest level since 2012, during September 2025. Platinum prices have built on the gains they experienced in June and July of this year. While there are various fundamental reasons for platinum prices not to rise as strongly as they have, momentum, seasonal strength, and a very bullish gold market could keep more... [Read More](https://www.monex.com/platinum-price-outlook-october-2025/) ### [Platinum Price Outlook – August 2025](https://www.monex.com/platinum-price-outlook-august-2025/) August 11, 2025 · From CPM Group in 8/7/25 Precious Metals Advisory During the first three weeks of July platinum prices continued to rise, building on momentum set in place at the end of May. Prices reached levels last seen in 2014. Platinum’s ability to stay above the $1,400 level was important in driving prices up to an intra-day high of $1,511.40 on 21 July. Platinum prices more... [Read More](https://www.monex.com/platinum-price-outlook-august-2025/) ### [Platinum Crunch Comes to a Head as US and China Snap Up Metal](https://www.monex.com/platinum-crunch-comes-to-a-head-as-us-and-china-snap-up-metal/) August 6, 2025 · From Sybilla Gross, Jack Ryan, and Yihui Xie in 8/6 Bloomberg.com “A years-long supply crunch in platinum has come to a head, with banks scrambling for dwindling stocks in London as buyers in China and the US hoover up much of the available metal. The market tightness has made platinum one of the best-performing commodities this year and fueled sky-high borrowing costs for the precious metal. more... [Read More](https://www.monex.com/platinum-crunch-comes-to-a-head-as-us-and-china-snap-up-metal/)