| From Marketwatch.com: Platinum, which is more expensive and more scarce than gold, has seen prices drop 46% so far this year, beating gold as one of the worst performers of the precious metals.
Platinum is often used as a barometer of both economic growth and investment confidence, as it's widely used by automakers and also held by investors. As turmoil roils the global financial system, platinum has been hit hard as the economy slows and investor confidence weakens. And as the global economy slides further into uncharted territory, platinum prices could move even lower, say analysts..... Full Article: Source
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