The World Platinum Investment Council (WPIC) said the platinum market, after three consecutive years of deficits, is expected to move into surplus this year as large-scale investor selling drains demand. Platinum spiked to near $3,000/oz in January during a metals investment rush, then reversed, dropping more than one-third from the peak. WPIC now forecasts an 8.2t surplus in 2026 versus an earlier forecast of a 9.2t deficit; the revision is almost entirely due to reduced investment demand, with

2026-09-09

The World Platinum Investment Council (WPIC) said the platinum market, after three consecutive years of deficits, is expected to move into surplus this year as large-scale investor selling drains demand. Platinum spiked to near $3,000/oz in January during a metals investment rush, then reversed, dropping more than one-third from the peak. WPIC now forecasts an 8.2t surplus in 2026 versus an earlier forecast of a 9.2t deficit; the revision is almost entirely due to reduced investment demand, with ETF holdings expected to fall about 12t this year. WPIC head of research Ed Steck said a rebound in investor demand could create a supply shortfall in H2, but it would not fully offset the large ETF outflows earlier in the year.

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2026-09-09

OpenAI has released a new image engine, ChatGPT Images 2.5, saying generation speed is up to 50% faster and fidelity for people and pets is improved. The update adds precise editing controls — users can specify edit locations via sketches or region selection instead of relying solely on text — and enables photo-to-style conversion, logo design and tattoo modification. OpenAI says the tool is intended to increase user participation in the creative process. The upgrade has renewed disputes over AI

2026-09-09

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