
Platinum futures rose toward $2,100 an ounce, approaching a four-week high as precious metals broadly advanced on renewed hopes for a diplomatic resolution to the Middle East conflict. The US and Iran signaled willingness to resume negotiations aimed at securing a longer-term ceasefire before the current two-week truce expires. President Donald Trump said Tehran had reached out to Washington shortly after the US imposed a naval blockade on Iranian oil shipments through the Strait of Hormuz. Oil prices retreated on expectations of a potential deal, easing inflationary pressures and tempering hawkish bets across major central banks. Meanwhile, softer industrial demand and improved supply conditions continued to weigh on prices. Automotive demand, the largest industrial use for platinum, is set to decline further as the shift to electric vehicles reduces the need for catalytic converters, while higher recycling flows, particularly in Europe, are expected to narrow the market deficit.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





