• Price Change UP Icon Gold $4,069.00 +51.00
  • Price Change UP Icon Silver $58.91 +3.01
  • Price Change UP Icon Platinum $1,637.00 +42.00
  • Price Change UP Icon Palladium $1,296.00 +46.00
Platinum Market Analysis
July 16, 2026

Platinum Market Outlook – July 2026

From CPM Group in 7/09/26 Precious Metals Advisory in
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Platinum Price Outlook

“Platinum prices have been weakening over the past few months and have given back all of the gains that occurred during December 2025 and January 2026. Prices still are high relative to where they have been between 2015 and the middle of 2025, however. 

Platinum prices could decline further in the coming months. A combination of seasonal weakness in prices, the potential for higher interest rates and inflation during the second half of this year and a relatively weak U.S. commercial vehicle market could weigh on platinum prices. 

It would not be surprising to see platinum prices slip toward $1,400 over the next couple of months. If labor market conditions extend some of the sluggishness observed in June or if inflation picks up because of supply side issues, prices could decline further. 

That said, platinum prices are not expected to collapse in the absence of a sharp reduction in demand. The supply side of the market has been constrained and faces several risks, which should help provide support to prices.”

 

The full Precious Metals Advisory report is available directly from CPM Group. For more information, visit their website, www.cpmgroup.com

*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.

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