Most Platinum Group Metals all rose sharply in 2025 and early 2026, many to record levels. Platinum and palladium subsequently have declined sharply.

Many platinum group metals markets participants and observers assumed the rise in prices reflected strong fabrication demand. This was true in iridium and ruthenium, but in platinum, palladium, and rhodium the price increase reflected a variety of factors, some of which may have been driven by false optimism.

CPM Group will provide a review of what has been and still is affecting these markets; as well as some of our market expectations for the rest of 2026.

In a tradition going back to 1981, CPM Group has provided the most comprehensive PGM market coverage through our annual Platinum Group Metals Yearbooks and presentations, as well as our continual research and consulting services.

CPM Group’s 2026 Platinum Group Metals Market Briefing and Yearbook address what really is happening in the platinum, palladium, rhodium, and minor PGM markets with the most comprehensive, unbiased, authoritative, and credible statistics and analysis.

The presentation only gives a small taste of CPM Group’s view of the opaque PGM markets. The 2026 Platinum Group Metals Yearbook is required reading for anyone hoping to get a leg up in these markets.

Click here to purchase the 2026 Platinum Group Metals Yearbook today!  

We would like to thank the 2026 Sponsors of the CPM Platinum Group Metals Yearbook

Asemblon
Kitco Media
Korelin Economics Report
Monex Precious Metals
Sabin Metals
Stillwater Critical Minerals
ReMA

Courtesy of the CPM Group