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

Platinum-Gold price differential almost zero

Posted on 27 February 2009

From Commodityonline.com: Platinum made a surprising jump higher in mid-February, reaching at $1,087/oz on the 12th, 11% above its level at the start of the month and its highest since September 2008. While such a move could easily be reversed, there are a few solid reasons why platinum has returned to favour.

On the supply side, quarterly reports from the mining houses showed that production is responding to lower prices, albeit relatively slowly….. Full Article: Source


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VRS - who has written 37241 posts on Opalesque Commodities Briefing.


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