Gold exceeds platinum in value
Platinum has shed 45 per cent of its value in just nine months. Last Friday the spot price of platinum hit a low of $812.75 per oz. Now, for this first time in 12 years gold has surpassed platinum in value.
Articles Tagged "power shortages"
Platinum Plummets
Auto market woes extend to platinum, pushing it to a six month low. It was just last March that platinum reached a record high of $2,290 per ounce- as power shortages in primary producer South Africa disrupted mining and triggered supply worries. Now, platinum has gone through a catastrophic drop as poor auto sales plague the market.
