The Wall Street Journal reported that platinum futures came close to an eight-week high today on the back of worries about disruptions in supply from South Africa.
Articles Tagged "platinum futures"
Bloomberg reported that platinum futures slid 1.5%, the lowest since January 4th on Cyprus bank tax concerns.
Reuters reported that platinum rose 0.7% Monday as the uncertainty in Italy’s election results lifted safe-haven buying.
Bloomberg reported that platinum futures for April delivery went down 1.6%, reaching its lowest level in 6 weeks, on signs that Europe is still struggling to recover from an economic crisis.
The Wall Street Journal reported that platinum futures ended in negative territory on Wednesday amid forecast of poor economic growth in Europe.
Platinum outperformed gold in 2012 and has risen to reclaim its premium over the yellow metal in the new year.
Bloomberg reported that platinum futures for January delivery saw their largest decline in a month and a half, falling 1.9 percent to $1,582.90 per ounce.
The Street reported platinum prices are up $22 on Monday.
Bloomberg reported platinum prices dropped in South Africa after two-month strikes ended.
Mineweb reported platinum may be the better buy than gold as the white metal reaches a higher price.