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WPIC Reports 6% Growth in European Platinum Jewellery Fabrication Driven by Watchmaker Demand

STRATEGIC MINERALS

The World Platinum Investment Council (WPIC) reports a 6% increase in European platinum jewellery fabrication for 2025, driven largely by a 28% rise in Swiss watch hallmarking, with luxury brands like Rolex and Cartier incorporating more platinum into their designs. Global demand for platinum jewellery has also risen by 7% to 2.16 million ounces, the highest since 2018, though a decline is expected in Indian demand and a softening of total jewellery demand is forecasted for 2026.

WPIC Reports 6% Growth in European Platinum Jewellery Fabrication Driven by Watchmaker Demand
Feb 2, 2026, 4:21 PM

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