Platinum Investing News» platinum investing

Spot Platinum Drops on Expectations of Lowered Output

Melissa West — Tue, 07 Feb 2012 21:56:39 +0000

CNBC reported precious metals were mixed on Tuesday with spot palladium dropping on news output is expected to decline one percent in 2012.

Norilsk Says Platinum May Be Better Investment Than Gold

Melissa West — Tue, 07 Feb 2012 21:47:37 +0000

Bloomberg reported OAO GMK Norilsk Nickel (LSE:MNOD) says platinum group metals may be a better investment than gold.

Spot Platinum Slips

Melissa West — Mon, 06 Feb 2012 21:42:32 +0000

SMH reported on precious metals trading on the London Metal Exchange, noting spot platinum slipped.

Byron King Expects Platinum Prices to Continue to Rise

Melissa West — Mon, 06 Feb 2012 21:40:11 +0000

Business Insider reported an interview with Byron King, who says platinum prices will continue to rise on short supply.

Platinum Best Performer in 2012

Melissa West — Mon, 06 Feb 2012 21:37:14 +0000

IBTimes reported as gold stocks surged, platinum has remained the best performer of 2012 surging 19% in January.

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

Melissa West — Fri, 03 Feb 2012 22:01:39 +0000

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

Platinum Rises on Positive Economic Output Data

Melissa West — Wed, 01 Feb 2012 22:55:24 +0000

CNBC reported platinum and other precious metals rose in trade on Wednesday on positive economic data from the United States.

South African Stocks: Platinum Miners Up and Down

Melissa West — Tue, 31 Jan 2012 21:58:39 +0000

Bloomberg reported South African stocks saw unusual trading on the FTSE/JSE Africa All Share Index on Tuesday with platinum miners moving in both directions.

Everest Platinum Mine Under Review After Strike and Stoppage

Melissa West — Tue, 31 Jan 2012 21:55:13 +0000

Bloomberg reported Aquarius Platinum Ltd. (ASX:AQP,LSE:AQP) is reviewing the Everest platinum mine after a two-week strike, safety stoppage and low prices have made the mine impractical.

Narrowing Platinum-Gold Spread as Gold Remains at Premium

Melissa West — Tue, 31 Jan 2012 21:49:12 +0000

Kitco reported the spread between platinum and gold is narrowing as the price of platinum rises, although it seems unlikely platinum will overtake gold any time soon.