Platinum Investing News» platinum prices

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 Outperforms Gold in Janurary

Melissa West — Thu, 02 Feb 2012 22:07:50 +0000

CNBC reported that even as gold rose to a two-month high, it was no match for platinum which continues to outpace the yellow metal in 2012.

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.

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.

Matt Zylstra: Platinum Potential Underpriced Market

Melissa West — Mon, 30 Jan 2012 23:06:18 +0000

Business Insider reported an interview with Matt Zylstra who says platinum has potential as an underpriced market in 2012.

Two More Miners Die, National Union of Mineworkers Calls for Investigation

Melissa West — Mon, 30 Jan 2012 23:02:57 +0000

Mining Weekly reported two more miners died in South Africa over the weekend causing the Nation Union of Mineworkers to call for an investigation.

Platinum Falls on Dollar’s Strength

Melissa West — Mon, 30 Jan 2012 22:56:59 +0000

Reuters reported platinum fell on Monday on a stronger dollar and investors shy about risk.

Platinum-Gold Price Spread Narrowing

Melissa West — Fri, 27 Jan 2012 21:57:43 +0000

Kitco reported platinum and gold have both rallied narrowing the price gap between the two precious metals.

South Africa Inspecting Platinum Mine Safety Stops

Melissa West — Fri, 27 Jan 2012 21:53:21 +0000

Reuters reported South Africa's Chief Mine Inspector has set up a task team to review how and when platinum mines are shutdown due to safety concerns.

Platinum Rises Most Since February 2008

Melissa West — Fri, 27 Jan 2012 21:50:06 +0000

Reuters reported platinum rose the most since February 2008 after the Fed announced it expects interest rates to remain low keeping its loose monetary policy.