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
Platinum futures fell below $1,600 an ounce, near late-November lows as the ongoing US-Iran conflict heightened the risk of energy-driven inflation and higher interest rates. The resulting surge in oil prices from the ongoing conflict pushed US Treasury yields higher and prompted markets to increase the odds of a Federal Reserve rate hike in September to about 55%, weighing on non-yielding metals such as platinum. Meanwhile, Sibanye-Stillwater plans to advance seven PGM mining projects, although production is not expected to begin until next year. The World Platinum Investment Council expects a fourth consecutive market deficit in 2026, as constrained mine supply, elevated energy costs, and higher winter electricity tariffs continue to pressure producers’ margins. China’s industrial policies supporting AI, electric vehicles, and clean energy, together with the launch of the first platinum investment bar series, are also expected to support long-term platinum consumption.
