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Why platinum prices are poised to shoot skywards

Posted on 22 April 2014

In my most recent piece covering the platinum group metals (PGMs), I argued that a backdrop of declining supplies from Russia and South Africa, combined with surging off-take from the automotive industry, looks set to drive palladium prices to the stars.
But while intensifying political tension in Ukraine has propelled the white metal skywards in recent weeks, platinum prices have failed to ignite to the same degree. Indeed, the former’s 13% advance since the start of February contrasts sharply with platinum’s 4% rise………………………………………..Full Article: Source


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VRS - who has written 36970 posts on Opalesque Commodities Briefing.


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