---
title: "Platinum Price Outlook – April 2026"
site: "Monex Precious Metals"
domain: "https://www.monex.com/"
type: "Post"
last_updated: "April 17, 2026"
canonical_url: "https://www.monex.com/platinum-price-outlook-april-2026/"
markdown_url: "https://www.monex.com/platinum-price-outlook-april-2026.md"
---

# Platinum Price Outlook – April 2026

“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 May 2025. 

While there are factors that are supportive of platinum prices, such as the tightening emissions standards in Europe, China and India this year, and there remain various risks to mine supply, there also are challenges that the market is facing which could worsen if the U.S. and Israeli war against Iran continues for an extended period. A protracted war could result in rising inflation and slowing economic growth, which would weigh even more on commercial vehicle demand that has been expected to decline this year sans this war.”

 

The full Precious Metals Advisory report is available directly from CPM Group. For more information, visit their website, [www.cpmgroup.com](https://cpmgroup.com/store/)