Platinum Eyes Largest Monthly Rally in 39 Years as EU Revives Combustion-Engine Ban
September 15, 2026 at 09:11 PM•Reuters•bullish•Importance: 85/100
Platinum
Platinum prices are poised for the strongest monthly gain in nearly four decades, driven by the EU’s reversal of its 2035 combustion‑engine ban, a constrained supply environment, and growing investment demand for precious metals.
Platinum prices are poised for the strongest monthly gain in nearly four decades, driven by the EU’s reversal of its 2035 combustion‑engine ban, a constrained supply environment, and growing investment demand for precious metals.
The policy shift is likely to sustain elevated platinum demand for catalytic converters, supporting higher prices in the short to medium term. Investors may see increased buying pressure and tighter supply dynamics.