Platinum, once prized with value due to its rarity, has become one of the worst performers of the precious metals. So far this year, the metal used as an auto catalyst has shed 46% of its value.
Continue reading "What is ahead for Platinum?"
Friday, August 29, 2008
Platinum futures jumped for a fourth day in Tokyo amid speculation that carmakers and other industrial users were buying the metal to take advantage of the declining prices. Ralph Preston, a futures analyst at Heritage West Futures Inc. in San Diego, said: Platinum’s continuing to get support from industrial buyers. Click here for full story.
Continue reading "Platinum jumps amid speculation about industrial purchase"
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Tuesday, November 4, 2008