Shares of Zimplats at Two-Year High, Southern Palladium Hits All-Time High on Platinum Rally
MT Newswires Live
Dec 29, 2025
Shares of Zimplats Holdings (ASX:ZIM) edged down after earlier reaching their highest level in over two years, while Southern Palladium (ASX:SPD) fell around 3% after hitting an all-time high in Monday's trade as platinum surged to an all-time high, buoyed by supply constraints, an unexpected European Union (EU) policy reversal on the 2035 combustion-engine ban, and a shift in investor interest away from gold.
Platinum rose 8% to an all-time high at $2,413.62 per ounce on Dec. 26.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.