Are you wondering about where the price of platinum in will go to in 2019?
Have you considered that currently, the platinum vs gold price is about as low as it has comparatively been for over 100 years time?
The following is a list of 2019 platinum price forecasts by platinum market analysts deep in the precious metal derivative and platinum bullion trade.
Remember that the inverse measurement we often are using to value platinum bullion here is a fiat US dollar currency that has lost over 95% of its value to platinum bullion through its existence.
There is little reason to believe this trend will not continue for platinum price forecast 2020s (as fiat US dollars lose further value against platinum bullion). Consider how prudent bullion investment allocations have often performed over the last half-century, it is hard to argue otherwise.
As of updating this blog post in middle August 2019, the spot price of platinum stands at $855.00 oz in fiat US dollars.
For the following thirty platinum price predictions in 2019, platinum is forecast to be the best performing of the four major precious metals, with analysts questioned predicting an average price of $850.71 per troy ounce of platinum for the year.
Thirty platinum analyst opinions for platinum price forecasts in 2019 expect platinum to trade in a range as low as $620 to as high as $1,050 oz in fiat US dollars.
The average platinum price prediction would be 5.1% higher than the price in the opening half of January 2019. Platinum prices are forecast to trade in a range of $430 us dollars or 50% of the average price which in terms of overall annual volatility would be a large movement in price terms positive or negative.
Platinum Price Prediction High 2019
The average high platinum price consensus amongst platinum analysts petitioned is a 2019 high platinum price forecast of $956.00 per troy ounce in fiat US dollars.
Platinum Price Prediction Average 2019
The average platinum price consensus amongst platinum analysts petitioned is a 2019 average platinum price forecast of $850.71 per troy ounce in fiat US dollars.
Platinum Price Prediction Low 2019
The average low platinum price consensus amongst platinum analysts petitioned is a 2019 low platinum price forecast of $745.00 per troy ounce in fiat US dollars.
Platinum Price Forecast 2019 Illustration
The following image illustrates 30 precious metal analysts’ 2019 platinum price forecasts for the year.
Platinum Price Predictions by Platinum Price Forecast Analysts
| Adams, William | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Fastmarkets MB | $780.00 | $877.00 | $960.00 |
| Alexander, Cameron | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| GFMS Refinitiv $760.00 $895.30 $960.00 | $760.00 | $895.30 | $960.00 |
| Bao, Dun | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Bank of China | $800.00 | $890.00 | $950.00 |
| Bhar, Robin | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Societe Generale CIB | $800.00 | $900.00 | $1,000.00 |
| Briesemann, Daniel | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Commerzbank AG | $750.00 | $875.00 | $950.00 |
| Butler, Jonathan | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Mitsubishi Corporation | $750.00 | $910.00 | $950.00 |
| Cooper, Suki | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Standard Chartered | $720.00 | $874.00 | $1,000.00 |
| Dahdah, Bernard | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Natixis | $800.00 | $855.00 | $950.00 |
| Fertig, Peter | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| QCR Commodity Research Ltd | $650.00 | $725.00 | $900.00 |
| Garvey, Marcus | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| ICBC Standard Bank | $725.00 | $775.00 | $875.00 |
| Hochreiter, Rene | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Noah Capital Markets | $790.00 | $850.00 | $900.00 |
| Klapwijk, Philip | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Precious Metals Insights | $775.00 | $843.00 | $914.00 |
| Meir, Edward | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| INTL FCStone | $730.00 | $885.00 | $1,050.00 |
| Melek, Bart | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| TD Securities | $775.00 | $913.00 | $954.00 |
| Nagao, Eddie | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Sumitomo Corporation | $650.00 | $830.00 | $1,050.00 |
| Newman, Philip | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Metals Focus | $750.00 | $850.00 | $980.00 |
| Norman, Ross | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Sharps Pixley | $620.00 | $735.00 | $1,000.00 |
| O'Connell, Rhona | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Independent | $778.00 | $845.00 | $940.00 |
| Panizzutti, Frederic | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| MKS PAMP Group | $750.00 | $855.00 | $900.00 |
| Ritter, Hans-G | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| ünter Heraeus | $700.00 | $780.00 | $950.00 |
| Savant, Rohit | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| CPM Group LLC | $750.00 | $830.00 | $900.00 |
| Schallenberger, Frank | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| LBBW | $740.00 | $774.00 | $910.00 |
| Steel, James | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| HSBC | $775.00 | $886.00 | $931.00 |
| Stevens, Glyn | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| MTSS UK Ltd | $703.00 | $888.00 | $1,012.00 |
| Strachan, Ross | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Capital Economics | $775.00 | $825.00 | $905.00 |
| Teves, Joni | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| UBS Limited | $770.00 | $910.00 | $1,050.00 |
| Turner, Matthew | Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
| Macquarie Bank | $750.00 | $894.00 | $975.00 |
| Platinum Price Prediction Low | Platinum Price Forecast Average |
Platinum Price Prediction High
|
|
| Averages | $745.00 | $850.71 | $956.00 |
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To learn more best practices to buy platinum or sell platinum, be sure to pick up our free SD Bullion Guide.
Thanks for visiting us here at SD Bullion.
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