Platinum Holds Steady

2025-09-08 05:34 By Jam Kaimo Samonte 1 min. read

Platinum futures hovered around $1,375 per ounce in September as investors awaited key US inflation data this week that could guide the Federal Reserve’s next policy steps.

The producer price index is due Wednesday, followed by the consumer price index on Thursday.

Precious metals advanced last week after signs of a cooling US labor market bolstered expectations for Fed rate cuts.

Markets have nearly fully priced in a 25 basis point cut later this month, with some positioning for a larger half-point move depending on inflation results.

On the supply side, platinum remains in deficit for a third straight year as demand outpaces output, with the World Platinum Council projecting a 2025 shortfall of about 848,000 ounces.

Demand is also supported by the metal’s expanding use in hydrogen fuel cell technology and the global transition toward green energy.



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