Platinum and Palladium Poised for Breakout as EV Demand Shifts
Precious metals are rewriting market narratives in 2025. Gold's historic rally now shares the spotlight with platinum and palladium, as analysts pivot toward these undervalued assets. Kitco reports suggest constrained supply—accelerated by EV adoption's decline—could propel both metals to multi-year highs.
War economy dynamics are accelerating strategic stockpiling. Nicky Sheils forecasts platinum reaching $2,000/oz by 2026, with BMO's conservative estimate at $1,500. Palladium—often overshadowed by its flashier counterparts—now draws institutional interest as industrial applications diversify beyond automotive catalysts.