Platinum Investing News» market

PGI has launched Platinum Chains Catalog on Internet

Melissa — Mon, 06 Jul 2009 18:30:41 +0000

Platinum Guild International has launched a Platinum Chains catalog on the internet, to cater to the growing demand for platinum chains in the international market. For full story, click here

Eastern Platinum to release Q1 results conference call

Melissa — Mon, 11 May 2009 19:43:41 +0000

Eastern Platinum Limited announced that it will release first quarter results on Wednesday, May 13, 2009 before the market opens and will host a telephone conference call on the same day at 10:00am PDT to discuss the results. For full story, click here

Braemore Resources warns of wider first-half loss

Melissa — Tue, 24 Mar 2009 16:14:11 +0000

Platinum and nickel producer Braemore Resources Plc warned of a wider first-half loss stated that the recent settlement of a single old-order contract might have exposed it to market volatility around platinum group metals prices and unfavourable processing terms. For full story, click here

Equity rally bad news for platinum

Melissa — Wed, 18 Mar 2009 13:58:13 +0000

Monday’s equity market rally switched precious metals to a negative track. As equities rose, the precious metals were less enticing to investors, and this was reflected in their value. Platinum for April delivery ended the session in New York down $14.20 to $1,049.40 per troy ounce.

Eastern Platinum to release its year end results

Melissa — Wed, 11 Mar 2009 11:41:39 +0000

Eastern Platinum Limited has announced that it will release year end results on Tuesday, March 31, 2009 before the market opens and will host a telephone conference call on the same day at 10:00am PDT to discuss the results. For full story, click here

Platinum to mimic gold?

Melissa — Wed, 04 Mar 2009 05:45:45 +0000

Platinum is known as "high-octane gold", for its stronger price moves and prospects for a higher upside. Platinum is essential to the economies of many industrialized nations, globally, demand for platinum is the sum of; investment demand, industrial demand, and jewellery demand.

Strong year for Chinese platinum jewellery market

Melissa — Thu, 26 Feb 2009 11:06:00 +0000

Platinum Guild International (PGI) has forecasted that the platinum jewellery market in China will be strong in 2009 after adapting to declining prices in 2008. For more information, click here

Platinum’s rebound puzzles analysts

Melissa — Wed, 11 Feb 2009 04:19:22 +0000

Platinum has bounced more than 30 percent since plunging to a five-year low of approximately $732 an ounce in October. This ascent is occurring despite the absence of physical buying from the industrial sector. This rebound, without appropriate technical recovery is puzzling analysts.

Blue Ridge mine to produce 75000 ounces

Melissa — Tue, 10 Feb 2009 05:18:47 +0000

The Blue Ridge mine is expected to produce 75000 ounces of platinum a year. For full story, click here

Platinum’s future eludes analysts

Melissa — Wed, 28 Jan 2009 10:31:03 +0000

Platinum showed extreme volatility in 2008, rising to an all-time high of $2,290 an ounce in March on the back of a power shortage in major producer South Africa, before falling to a five-year low of $732.50 in October.