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Power cuts, war, and hybrid cars are predicted to cause a platinum price surge in 2023

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Summary
Nutrition label

85% Informative

World Platinum Investment Council predicts "deeper-than-expected" global deficit of platinum in 2023.

Demand is set to soar 24% year-on-year, but supply is only set to increase by 13% compared to last year.

Platinum achieved its best quarter since 2008 in December when it reached $1,086 per troy ounce.

VR Score

90

Informative language

92

Neutral language

77

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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