UBS Slashes Platinum Price Forecast, Cites Sluggish Investment Demand

Swiss bank UBS has published a note in which it reduced its price forecast for platinum for the rest of this year and early 2027. The bank premised its prediction on a number of demand-side factors weighing on the precious metal’s price.

For platinum producers like Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM), the UBS note warrants some careful assessment as these miners plan their capital outlays and production increases&

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