Articles Tagged "platinum ETF"

Auto Sales May Drive Platinum Prices Further, Despite Palladium’s Potential to Outshine

Higher platinum prices are encouraging some in the catalytic converter industry to turn to palladium as a cheaper alternative, but increasing worldwide auto demand, especially for cleaner vehicles, will continue to drive platinum prices higher.

Should you invest in platinum and palladium?

Moneyweek.com comments that palladium and platinum are attractive at the moment because they are influenced differently than other commodities. The editorial is quoted as saying: It depends on what you think is going to happen next. As I noted above, platinum and palladium aren’t driven by the same factors as gold and silver. Ultimately gold [...]

Platinum Prices Driven By Chinese and Indian Auto Markets

Platinum prices made gains on Tuesday, climbing to $1,525 per ounce after opening July at $1,500. The metal is up 5 percent since closing out 2009, an impressive feat given the lingering fears that the European debt crisis could still trigger a double-dip recession.