Precious Metals: Platinum Rises, Prices Remain Low
IBTimes reported on precious metals trading as platinum rose, but remains historically low compared to gold.
As quoted in the market news:
Although the price of platinum climbed 1.4% to $1,432.80 per ounce this morning, it remains well below the price of gold. Historically, platinum has traded at a premium to gold, but this has not been the case in recent months. Many market strategists have noted that periods during which platinum has traded at a discount to the yellow metal have frequently marked intermediate-term lows for the white metal.