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Platinum has experienced extraordinary volatility in recent times. A year ago, it traded at $1,192 per ounce, before rallying to $2,819, and eventually settling below $2,000. Valterra Platinum (OTCPK: ANGPY) is down 6.86% year-to-date. Yet, despite the market seemingly selling every rally, industry experts remain constructive on the long-term outlook. Supply deficits remain persistent, and a broadening demand base continues to extend well beyond traditional automotive applications. Near-Term Surpluses vs. Structural Deficits According to the World Platinum Investment Council (WPIC), the platinum market recorded a rare surplus in the first quarter. The 268,000-ounce surplus was the first one in six…
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