PLATINUM weekly special report based on 1.00 Lot Calculation:
PATINUM MARKET SHARE:
- MARKET SHARE (PRODUCERS): BIGGEST PLATINUM PRODUCERS IN THE WORLD: South Africa is the largest producer, holding 72.8% of the global market share, while Russia is the second with 8-10% of the market. Zimbabwe is third with 5%.
- MARKET SHARE (CONSUMERS): China is the world's largest platinum consumer, with 34%, while Europe holds 22% and North America 16% of the platinum consumed worldwide.
GEOPOLITICS: RUSSIA – UKRAINE WAR
- BREAKING (JULY 28): US PRESIDENT TRUMP SAID WILL REDUCE THE DEADLINE PERIOD FOR RUSSIA TO REACH A CEASEFIRE DEAL WITH UKRAINE (10 TO 12 DAYS) AFTER WHICH THE USA WILL SLAP NEW SANCTIONS AND SECONDARY TARIFFS. According to Reuters, U.S. President Donald Trump set a new deadline on Monday (July 28) of 10 or 12 days (down from the previous 50-day deadline set on July 14) for Russia to make progress toward ending the war in Ukraine or face consequences. Trump has threatened sanctions on both Russia and buyers of its exports unless progress is made. Trump reiterated that, without a deal, his administration would impose 100% secondary tariffs on countries continuing to buy Russian exports.
USA: PRESIDENT TRUMP’S BIG TAX CUT BILL SIGNED INTO LAW (JULY 4, 2025)
- TRADITIONAL CAR MAKERS THAT USE PLATINUM TO BENEFIT: According to CNBC, the new tax cut bill would end tax breaks (subsidies) for consumers who buy or lease Electric Vehicles (EV) after September 30, 2025. This could decrease consumer demand for Electric Vehicles, pushing consumers towards cars that run on petrol or diesel.
EVENTS:
- WEDNESDAY, JULY 30 AT 19:00 GMT+1: US FEDERAL RSERVE INTEREST RATE DECISION. No changes in interest rates are expected, but Jerome Powell’s speech following the decision may offer additional clues about future policy moves. If Fed Chair Powell adopts a more dovish tone, signaling openness to rate cuts, it could weaken the U.S. dollar by fueling speculation about monetary easing. A softer dollar would, in turn, likely support higher platinum prices. However, the opposite scenario is also possible.
- THURSDAY, JULY 31 AT 02:30 GMT+1: CHINA MANUFACTURING PMI (JULY). China’s manufacturing activity continued to recover in June, rising to 49.7 from April’s 49.0 and May’s 49.5. Investors will be watching closely to see whether this recovery extended into July, with the latest data scheduled for release on Thursday, July 31.
- FRIDAY, AUGUST 1 AT 13:30 GMT+1: NONFARM PAYROLLS (NFP) AND UNEMPLOYMENT RATE (JULY). Softer-than-expected labor market data could negatively impact the U.S. dollar, which would likely support higher platinum prices. However, stronger results could have the opposite effect.
TECHNICAL ANALYSIS:
- UPTREND CHANNEL: Platinum continues to trade within a rising channel that began in mid-April 2025. Price is now testing the lower boundary, and a break below could signal weakening momentum.
- 20- AND 50-DAY MOVING AVERAGES SUPPORT TREND: The 20-day and 50-day moving averages remain upward-sloping, supporting the bullish trend. Price is still above the 50-day MA, but holding the 20-day level will be key.
- PLATINUM HIT AN ALL-TIME HIGH OF $2,300 (March, 2008): Platinum has traded around $1410, and if a full recovery takes place, the price of platinum could rise around $890. Although the price could decline as well.
GRAPH (Daily): March 2025 – July 2025
Please note that past performance does not guarantee future results
Platinum, July 29, 2025.
Current Price: 1,410
PLATINUM |
Weekly |
Trend direction |
|
1,700 |
|
1,600 |
|
1,500 |
|
1,330 |
|
1,315 |
|
1,300 |
Example of calculation based on weekly trend direction for 1.00 Lot1
PLATINUM |
||||||
Pivot Points |
||||||
Profit or loss in $ |
29,000 |
19,000 |
9,000 |
-8,000 |
-9,500 |
-11,000 |
Profit or loss in €² |
25,078 |
16,431 |
7,783 |
-6,918 |
-8,215 |
-9,513 |
Profit or loss in £² |
21,743 |
14,246 |
6,748 |
-5,998 |
-7,123 |
-8,247 |
Profit or loss in C$² |
39,877 |
26,126 |
12,376 |
-11,000 |
-13,063 |
-15,126 |
- 1.00 lot is equivalent of 100 units
- Calculations for exchange rate used as of 09:50 (GMT+1) 29/07/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than the suggested one.
- Trailing stop techniques could protect the profit.