CPM Group Predicts Platinum Demand Will Outstrip Supply
Mineweb reported the platinum market is expected to fall to a deficit this year as mines in South Africa produce less or close.
Mineweb reported the platinum market is expected to fall to a deficit this year as mines in South Africa produce less or close.
Reuters reported on precious metals trading on Friday noting platinum edged up slightly.
Bloomberg reported platinum jewelry sales are rising as gold bullion prices have reached too high for consumers.
CNBC reported as precious metals, including platinum, continue to tumble a buying opportunity is approaching.
SMH reported on trading around the world today in commodities.
Mineweb reported the platinum price is currently well behind that of gold, so with the gold price steady could platinum now also be at a turning point?
Forbes reported the tumble in platinum prices would probably have to last for some time for any fresh announcements of production cuts to occur.
IBTimes reported platinum prices just finished plunging more than 22 percent from their late August level with no end in sight.
SMH reported a summary of trading in key commodity markets around the world today.
Forbes reported demand for physical platinum picked up in the price break seen over the past few weeks, but the platinum market outlook is hazy.
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