Platinum futures fell below $1,900 per ounce, their weakest since December 2025, as the Middle East conflict and broader metals weakness dragged on sentiment. A stronger US dollar and rising bond yields diminished the appeal of non-yielding assets, while inflation fears reinforced expectations of tighter monetary policy from major central banks. The sell-off follows a late-2025/early-2026 rally, with investors now locking in profits, exacerbating the decline. Investment demand is projected to plunge by up to 52% due to ETF outflows and softening retail interest, particularly in China, while automotive demand weakens as the shift to electric vehicles reduces reliance on catalytic converters. Though the market remains in deficit, the shortfall is expected to narrow as recycling supply, especially in Europe, ramps up.
Platinum fell to 1,817.60 USD/t.oz on March 30, 2026, down 2.86% from the previous day. Over the past month, Platinum's price has fallen 21.48%, but it is still 85.15% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Platinum reached an all time high of 2923.70 in January of 2026. Platinum - data, forecasts, historical chart - was last updated on March 30 of 2026.
Platinum fell to 1,817.60 USD/t.oz on March 30, 2026, down 2.86% from the previous day. Over the past month, Platinum's price has fallen 21.48%, but it is still 85.15% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Platinum is expected to trade at 1874.03 USD/t oz. by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2234.03 in 12 months time.