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Supply and demand factors stimulate interest in platinum ETCs

Posted on 13 February 2013

Investment into exchange-traded commodities (ETCs) linked to platinum has surged over the past six months, and with good reason. Platinum, having hit a 17-month high on Thursday, closed yesterday at $1,714 per troy ounce, approximately 22% above where it was just six months ago.
Uncertainty surrounding South African production and strong belief that demand is set to rise have led to renewed interest in the industrial precious metal………………………………………..Full Article: Source


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VRS - who has written 34696 posts on Opalesque Commodities Briefing.


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