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Commodities Briefing - Categorized | Bullion/Gold, Market Moves, Metals and Minerals more

Surging platinum poised to hit parity with gold

Posted on 15 January 2013

Rallying platinum prices are on the brink of hitting parity with gold, as concerns over supply outages in South Africa reignite, and stabilizing economic conditions in China and the U.S. boost the appeal of industrial metals over safe havens.
Even though platinum is still vulnerable to hiccups in the tentative global economic recovery, the white metal’s discount to bullion has shrunk to its tightest in nine months, a signal commonly associated with cyclical upswings………………………………………..Full Article: Source


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