From Bloomberg: Platinum headed for its second weekly increase and fifth monthly gain, on investors’ optimism that a rally in equities worldwide signals a rebound in the global economy and improving demand for the metal.

Platinum, used mainly in automobile pollution-control devices and jewelry, has gained 3.3 percent this week as the Standard & Poor’s 500 Index rallied 8.4 percent and the Dow Jones Industrial Average surged 8.9 percent. ….Full Article: Source