25.11.2015 - Gold premium over platinum extends to $240/oz; investors eye opportunities - Metals
The premium of gold over platinum has moved to its largest on record, at around $240/oz, as platinum becomes increasingly detached from gold and some investors look to take advantage, sources said Tuesday. Platinum was trading around $835/oz on spot markets in morning trading, dragged down by base metals, while gold hovers around $1,075/oz. Both have performed badly this year, hitting multi-year lows, but at $240/oz, the premium of gold over platinum has never been as large...............................................Full Article: Source
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