Bank of America Now Sees Platinum Hitting $3,000 an Ounce by Q4 2026
Bank of America has raised its price targets to $3,000 an ounce for platinum and $2,200 for palladium by Q4 2026, up sharply from its January call. The rally rests on a fourth straight platinum supply deficit, a near-828% U.S. anti-dumping duty on Russian palladium, and China's new yuan-denominated PGM futures market.