Anglo Platinum wants to get rid of more workers
Anglo Platinum, the world’s largest platinum producer, and its parent company Anglo American declared plans on implementing a second wave of retrenchments. For full story, click here
Articles Tagged "trade"
Platinum ETF’s may soften blow from lower auto demand
A proposal for the first-ever U.S. exchange traded platinum fund would give the white metal a shot in the arm and fill some of the void left by lower demand from the beleaguered auto sector. For full story, click here
Platinum surged $1165 in New York Trading
Platinum surged as high as $1165 in early New York trading but then it too fell off, eventually getting stuck between $1140 and $1150, and ending at $1145, up $10. Overnight, platinum is little changed. For full story, click here
ETF Securities platinum holdings dip 5 percent
The amount of metal ETF Securities holds to back its Physical Platinum exchange-traded commodity dipped 5 percent on April 30. For full story, click here
Russia’s RTS launched platinum ETFs
RTS has reported to launch trading in platinum and palladium futures contracts on FORTS, RTS derivatives section, complementing the established trading in gold and silver. For full story, click here
ETF Securities’ platinum holdings jumped 87% in Q1
ETF Securities announced that holdings of its platinum-backed exchange traded commodity jumped 87 percent to 321,369 ounces in the first quarter of 2009. For full story, click here
Platinum down $11
Platinum was down into the first hour of the Comex session, then traded sideways for the rest of the day, ending at $1045/oz., down $11. For full story, click here
