Mon, Aug 31, 2015
A A A
Welcome preal121
RSS

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

Platinum bets hang in the balance

Posted on 07 May 2013

A rally in platinum prices is in danger, as promised production cuts from the world’s biggest miner of the metal face opposition from the South African government. Prices are up 6.3% since mid-April, when they plunged alongside gold and other precious metals.
But even bullish investors say there is a wild card that could undo recent gains: the outcome of negotiations between Anglo American Platinum Ltd.,which produces about 40% of the world’s platinum, and the South African government………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 42143 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
August 2015
S M T W T F S
« Jul    
 1
2345678
9101112131415
16171819202122
23242526272829
3031