Weekly Special Report: Platinum

PLATINUM USE AND MARKET SHARE

• PLATINUM has been a key element in auto catalysts for over forty years, especially for diesel engines, and is increasingly vital in hydrogen fuel cells. The automotive sector is its largest consumer, accounting for about 40% of annual demand.
• 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 holds 16% of the platinum consumed worldwide.

EVENTS (U.S.):

• FRIDAY, SEPTEMBER 4 AT 13:30 GMT+1: U.S. NONFARM PAYROLLS (NFP) AND UNEMPLOYMENT RATE (AUGUST). Investors will closely watch the U.S. labor market after July’s very weak employment data, when nonfarm payrolls (NFP) fell by 23,000. Another weak report could reduce expectations of a Federal Reserve interest rate hike at the September meeting, weighing on the U.S. dollar and supporting platinum prices.
• FRIDAY, SEPTEMBER 11 AT 13:30 GMT+1: U.S. INFLATION DATA (CPI) (AUGUST). Investors will closely watch U.S. inflation after the last two readings declined, from 4.2% in May to 3.5% in June and 3.4% in July. Another weak report could reduce expectations of a Federal Reserve interest rate hike at the September meeting, weighing on the U.S. dollar and supporting platinum prices.
• WEDNESDAY, SEPTEMBER 16 AT 19:00 GMT+1: U.S. FEDERAL RESERVE (FED) INTEREST RATE DECISION. The Fed kept interest rates unchanged at 3.75% at its latest meeting in July.

EVENTS (CHINA):

• TUESDAY, SEPTEMBER 8 AT 04:00 GMT+1: CHINA EXPORT AND IMPORT DATA (AUGUST) (EXPORT PREVIOUS: +23.9%; IMPORT PREVIOUS: +27.5%)
• WEDNESDAY, SEPTEMBER 9 AT 02:30 GMT+1: CHINA INFLATION (CPI) (AUGUST) (PREVIOUS: +0.5%)
• TUESDAY, SEPTEMBER 15 AT 03:00 GMT+1: CHINA INDUSTRIAL PRODUCTION (AUGUST) (PREVIOUS: +4.5%)

TECHNICAL ANALYSIS:

• SUPPORT AREA: $1,600 - $1,500. The support area between $1,600 and $1,500 has been tested only a few times over the past year. Although this could indicate limited downside potential, if the price breaks below these levels, the downtrend could continue.
• UPTREND (July – September 2026): The daily chart below depicts an ongoing uptrend and an upward trend channel that has been in place since late July 2026. Overall, the platinum price rose from around $1,600 in late July to $1,917.9 by late August 2026. However, the price could also decline.
• PLATINUM PRICE HIT AN ALL-TIME HIGH OF $2,920 (January 26, 2026). Platinum prices have traded around $1,719, and if a full recovery to the previous all-time high takes place, upside potential of around 70% could be seen. However, the price could also decline.

GRAPH (Daily):  August 2025 - September 2026

Please note that past performance does not guarantee future results

Platinum, September 2, 2026
Current Price:  1,719

Example of calculation based on weekly market trend for 1.00 Lot¹

1. The above calculations are made based on 1.00 lot which is equivalent of 100 units
2. Calculations for exchange rate used as of 10:30 (GMT+1) 02/09/2026

You can use risk management tools such as Stop-Loss and Take-Profit.