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Commodities Briefing - Categorized | Bullion/Gold, Price Watch, Trends more

What platinum’s premium over gold really means

Posted on 21 January 2013

Platinum costs more than gold again, a shift that reflects rising confidence in the global economy and investors’ bets the Federal Reserve is closer to ending its massive stimulus efforts.
Platinum prices settled with a premium over gold earlier this week for the first time since March 2012. As of Thursday’s futures settlement, platinum cost $1,700.50 an ounce, almost $10 more than gold at $1,690.80 an ounce………………………………………..Full Article: Source


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VRS - who has written 37062 posts on Opalesque Commodities Briefing.


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