The European Union may ban the import of iridium, rhodium, platinum, and copper from Russia as part of new sanctions. The restrictions, if supported by member states, will affect GMK Norilsk Nickel.

The European Union is considering banning imports of several platinum group metals and copper from Russia as part of new sanctions targeting Moscow for its war against Ukraine, citing people ...

Gold futures dropped as low as $4,700/toz before recovering some of those losses in afternoon trade only to succumb again to some late selling. Gold for delivery in April, the most active contract, closed at $4,745/toz down 11.4% or $600/toz on the day. It was the biggest intra-day decline since the early 1980s.

A Reuters poll of analysts and traders suggests platinum could average ~$1,550/Toz per troy ounce in 2026, significantly higher than earlier estimates after a strong rally in 2025.