News
Platinum Jumps as Sibanye-Stillwater Shaft Closure and SA Power Crisis Fuel 2026 Deficit
Platinum surges after Sibanye-Stillwater shutters its Kwezi shaft, worsening South Africa's supply woes. WPIC now forecasts a 297,000-oz deficit for 2026, pushing prices higher for Singapore buyers.
US Retail Sales Fall 0.6% in July 2026, Gold Hits $4,387 as Fed Hike Odds Drop
US July retail sales slipped 0.6%, sending gold to a record US$4,387 and platinum up 2% to $1,745. With Fed rate hike bets fading, Singapore investors are well-positioned for these fresh highs.
Palladium Market Faces H2 2026 Crossroads as EV Shift Threatens Surplus
Major institutions are split on palladium’s direction for late 2026, with the EV transition threatening a surplus but supply issues persisting. Singapore buyers watching for volatility.
Platinum Deficit Widens in 2026 as South African Output Flatlines, Hybrid Demand Climbs
Global platinum supply deficit deepens in 2026 as South African mine output stalls and demand from hybrid vehicles accelerates. Implications for investors eyeing platinum products.