Platinum demand outlook pretty robust, World Platinum Investment Council highlights

The outlook for platinum is one that's pretty robust, the World Platinum Investment Council (WPIC) has highlighted in its latest Platinum Quarterly, which shows the projection of the metal's demand as being very encouraging amid a near-record-low supply prediction. Automotive demand is at a seven-year high, while first-quarter jewellery demand increased contrasted with a worsening supply deficit of 476 000 oz.