Platinum Investing News» GM bankruptcy lends relief to platinum http://platinuminvestingnews.com Platinum mining, exploration, and platinum industry investing Tue, 07 Feb 2012 21:56:39 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 GM bankruptcy lends relief to platinum http://platinuminvestingnews.com/431-gm-bankruptcy-lends-relief-to-platinum.html http://platinuminvestingnews.com/431-gm-bankruptcy-lends-relief-to-platinum.html#comments Fri, 05 Jun 2009 07:58:25 +0000 Melissa http://www.platinuminvestingnews.com/?p=431 Platinum prices, already on the positive track, got a boost this week from declining greenback and the announcement of GM’s Bankruptcy. GM’s bankruptcy is by no means a positive for platinum, as the auto industry accounts for approximately half of global platinum demand; however, platinum’s price has been reflecting the impending bankruptcy for many weeks.

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