Platinum

AI take

Platinum is consolidating on a subdued note after the Fed hold, with spot-market trading pulling back as desks digest a still-live December hike path. Auto catalyst demand and the EV mix still set the industrial bid beside in-line PCE. South African producer comments remain the supply overlay. Watch remaining producer remarks and whether refined sales recover as that maintenance window is digested.

Scheduled take · 2026-10-31T04:10:04Z

• SMM -- US Fed holds steady as platinum and palladium continue to hit bottom