The platinum price has been a relative beacon of strength in the first quarter of 2019. Will the upward trend continue, giving platinum a strong ‘buy’ rating? For now, the experts remain bullish, as the platinum price forecast 2019 shows that global demand is set to increase by 5%.
Platinum price prediction
One of the rarest and purest metals in the world, platinum is armed with distinctive qualities, making it highly valued across a number of different economic segments. Platinum’s unique catalytic and physical properties made it a metal of choice for many industrial applications.
Jubilee Metals Group plc (LON:JLP) is a diversified metals recovery company, they secured surface platinum-bearing tailings to recover PGMs and chromite, lead, zinc and vanadium bearing tailings in Zambia and holds the mining right to a primary PGM project in the Eastern Bushveld complex.