Could platinum and palladium be the next big movers in the precious metals market? Chris Gaffney, President of World Markets at EverBank, believes so. With an industrial recovery set to boost platinum and palladium prices, these metals may outshine gold in 2025. Despite lagging behind gold in 2024, Gaffney sees a breakout on the horizon as key industries rebound. Here’s why platinum and palladium are gaining traction as top investment picks.
In a recent Kitco News interview with anchor Jeremy Szafron, Gaffney highlighted why platinum and palladium outrank gold as smart buys today. The industrial recovery set to boost platinum and palladium prices is driven by:
As industries ramp up, platinum and palladium are emerging as the next big movers in precious metals, offering investors a golden opportunity.
Even with electric vehicles (EVs) on the rise, platinum and palladium remain essential. Their role in reducing emissions keeps them in high demand, reinforcing their potential as the next big movers in precious metals:
Gaffney emphasized, “Platinum and palladium are often in a supply deficit. Despite EV growth, traditional vehicles still dominate, ensuring strong demand as the industrial recovery boosts platinum and palladium prices.”
Economic shifts are aligning to support these metals’ rise. The industrial recovery set to boost platinum and palladium prices is further fueled by:
Gaffney predicts, “As individual investors drive demand, platinum, palladium, and silver will catch up to gold.” This signals a promising future for these metals in 2025.
Global uncertainties are another tailwind for precious metals prices, enhancing the case for platinum and palladium as the next big movers:
“The mix of industrial growth and geopolitical pressures creates a perfect storm for platinum and palladium to shine,” Gaffney noted.
With persistent supply shortages, a robust industrial recovery, shifting monetary policies, and rising geopolitical risks, platinum and palladium are primed for gains as we head into late 2025. The industrial recovery set to boost platinum and palladium prices underscores their potential as the next big movers in precious metals.
For deeper insights, check out Chris Gaffney’s full interview on Kitco News, where he breaks down the trends shaping the precious metals market.
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