IPMI 2025 VicenzaOro Jewelry Seminar

The rally in platinum prices has been significantly fueled by production disruptions in S. Africa, the world's largest platinum producer. Mining output of PGMs fell by 24% YoY in April 2025, representing the peak of what industry analysts at Morgan Stanley described as an "exceptionally weak" production period.

Platinum soared to its highest level since 2014 on Thursday, fueled by supply concerns and a wave of speculative buying.
By midday, the precious metal had gained nearly 5% to trade at $1,406 an ounce, after hitting a fresh 11-year high of $1,416 earlier. Palladium also jumped by 4.8% to about $1,111 an ounce.

Former Anglo American Platinum chairman and CEO Barry Davison has passed away, industry sources said on Monday. He was 80. In addition to chairing Anglo American Platinum, Davison headed Anglo American’s ferrous metals and industries divisions. He was also an executive director of Anglo American Group from 2001 to 2005, serving under its then CEO Tony Trahar.