Tag Archive | "nymex"

Platinum Eases on New Jobs Data from the U.S.

Friday, February 3, 2012

CNBC reported platinum prices fell slightly on Friday when hopes of a Federal stimulus were smashed on positive job growth for the month.

Platinum Drops on the NYMEX

Wednesday, December 21, 2011

Bloomberg reported precious metals fell on Wednesday on a stronger dollar, including platinum.

Precious Metals Gain on Haven Demand

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.

Precious Metals Decline in New York

Thursday, September 1, 2011

Bloomberg reports precious metals fell after a report showing unexpected growth in U.S. manufacturing bolstered optimism in the economy.

Moore Capital Former Manager Is Banned From Platinum Trading

Tuesday, July 26, 2011

Bloomberg reports a former Moore Capital Management LP portfolio manager is barred from trading palladium and platinum on the NYMEX.

NYMEX July platinum slided $58

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

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.

NYMEX July platinum strengthened $12.40 cents

Wednesday, April 8, 2009

NYMEX July platinum strengthened $12.40 cents to $1,187.40 an ounce. For full story, click here

Wall St. woes hit platinum

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.

Platinum prices decline

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

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