| After the sell-off in Gold and Platinum in 2008, both precious metals rebounded strongly from the October 2008 low by about 100% with platinum leading the way until early August 2011 when gold overtook platinum price.
Since then, platinum underperformed gold by about 17% to 26 October. Standard Bank found out platinum may be out of flavour as the net speculative position as a percentage of open interest in platinum has declined from about 38% in January to about 20% to October this year, mainly due to increase in short positions..............................................Full Article: Source
|