Tag Archive | "general motors"

Automaker uncertainty bad news for platinum

Monday, April 27, 2009

Platinum declined last week; and continued the trend this Monday as uncertainty over the future of US automaker GM put the metal’s near future demand outlook into question. In the current state of the economy, the auto industry is unable to lend support to platinum; but the metal may get some relief from rising safe haven appeal.

Platinum Price Chart
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