Platinum Eases on New Jobs Data from the U.S.
CNBC reported platinum prices fell slightly on Friday when hopes of a Federal stimulus were smashed on positive job growth for the month.
Continue reading "Platinum Eases on New Jobs Data from the U.S."
CNBC reported platinum prices fell slightly on Friday when hopes of a Federal stimulus were smashed on positive job growth for the month.
Continue reading "Platinum Eases on New Jobs Data from the U.S."
Wednesday, December 21, 2011
Bloomberg reported precious metals fell on Wednesday on a stronger dollar, including platinum.
Continue reading "Platinum Drops on the NYMEX"
Wednesday, October 5, 2011
SMH reported precious metals rose on demand for a haven amid persistent concerns that Europe's debt crisis will hinder the global economy.
Continue reading "Precious Metals Gain on Haven Demand"
Thursday, September 1, 2011
Bloomberg reports precious metals fell after a report showing unexpected growth in U.S. manufacturing bolstered optimism in the economy.
Continue reading "Precious Metals Decline in New York"
Tuesday, July 26, 2011
Bloomberg reports a former Moore Capital Management LP portfolio manager is barred from trading palladium and platinum on the NYMEX.
Continue reading "Moore Capital Former Manager Is Banned From Platinum Trading"
Tuesday, April 28, 2009
NYMEX July platinum PLN9 slides $58.00, or 5.0 percent, to $1,092.30 an ounce, after hitting a session low of $1,071.10, which marked the weakest price since March 19. For full story, click here
Continue reading "NYMEX July platinum slided $58"
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.
Continue reading "Automaker uncertainty bad news for platinum"
Wednesday, April 8, 2009
NYMEX July platinum strengthened $12.40 cents to $1,187.40 an ounce. For full story, click here
Continue reading "NYMEX July platinum strengthened $12.40 cents"
Tuesday, November 18, 2008
Platinum has been on a steady downgrade, falling since trading at a record $2,301.50 an ounce in March. A poor economic outlook eroding demand for jewelry and cars is responsible for the metal's flop.
Continue reading "Wall St. woes hit platinum"
Monday, September 8, 2008
Platinum futures for October delivery lost $34.40 to settle at $1,367.80 an ounce on the New York Mercantile Exchange on Friday. For more information, click here
Continue reading "Platinum prices decline"
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Friday, February 3, 2012