Q: What is your view on platinum and palladium (bullion not equities) over the next 2-5 years.
Thank you for your excellent advice.
Thank you for your excellent advice.
5i Research Answer:
Platinum is expected to be in a supply deficit until 2028, and this should support stronger prices. Palladium though is expected to be in surplus this year. Autos are still a big driver of demand, and with a potential global slowdown we would not expect a spike up. Most P&P funds are doing well this year, for example SPPP is up 23% YTD. We would consider the sector OK, but not hugely attractive relative to, say, gold.