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Top related persons:
— - 1 Gary Millerchip - 1 Edward Sterck - 1 Sterck - 1 bode - 1 Mindy Schauer - 1 David Russell - 1 Russell - 1
Top related locs:
Swiss Orange
Top related orgs:
Costco - 1 Service - 1 Canadian Mint - 1 Platinum Investment Council - 1 Media - 1 Getty - 1 ICE - 1

Search resuls for: "Sterck"


2 mentions found


☆ As Costco sells platinum, experts explain how the precious metal differs from gold
  + stars: | 2024-10-04 | by ( Dominick Reuter | ) www.businessinsider.com   time to read: +4 min
Costco sells a broad selection of gold and silver products, and now it's adding platinum to the mix. The wholesaler has already sold through multiple rounds of platinum coins and bars in the past week. AdvertisementCostco shoppers have been snapping up a broad selection of gold and silver products over the past year. Costco now offers platinum products online, including both bars and coins. Related storiesGoldCore's business is primarily in gold and silver, but Russell told BI that platinum makes up a "very small percentage" of what the company sells.
Persons: —, Gary Millerchip, Edward Sterck, Sterck, bode, Mindy Schauer, David Russell, Russell Organizations: Costco, Service, Canadian Mint, Platinum Investment Council, Media, Getty, ICE Locations: Swiss, Orange
☆ Power cuts, war, and hybrid cars are predicted to cause a platinum price surge in 2023
  + stars: | 2023-03-15 | by ( Hannah Ward-Glenton | ) www.cnbc.com   time to read: +4 min
South Africa typically accounts for more than 70% of the world's platinum mining supply, according to UBS, but the process has been restricted by the country's deepening power crisis. There will be some recovery in the recycled platinum supply in 2023, but the amount will remain below pre-pandemic levels, the WPIC estimates. Global automotive demand for platinum is expected to increase by 10% in 2023 to 3.246 million ounces, according to the WPIC. Jewelry is "probably the area of greatest uncertainty" when it comes to platinum demand, Sterck told CNBC, but it is a relatively small component in the picture. Industrial demand for platinum will increase by 12% year-on-year in 2023, according to the WPIC, with platinum usage in the glass and medical industries, in particular, expected to increase.
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