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

Is platinum becoming man’s best friend?

Posted on 21 January 2013

Platinum sure isn’t as famous as gold and silver when it comes to investing. Platinum has a much shorter history as Indian people are mostly fascinated to gold and silver but as the economy is on complete reform some savvy investing pros are suggesting that under the right conditions platinum may prove to be fruitful and pay some price payback as reported by Reuters.
Four main reasons can be considered for platinum being double the price of gold few years back. 1. Platinum is almost twice heavier than gold. 2. Most of the gold jewelries are 58.5 percent pure while platinum is 95 percent pure………………………………………..Full Article: Source


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VRS - who has written 34604 posts on Opalesque Commodities Briefing.


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