Articles Tagged "trend"

Rand Snaps Four-Day Drop Versus Dollar as Platinum Climbs

South Africa’s rand snapped a four- day decline against the dollar as higher prices for gold and platinum, the nation’s biggest export earners, boosted revenue prospects for the world’s largest producer of precious metals. For full story, click here

Platinum could be at $1,563/oz

Nominal platinum prices are projected to average $1,563/oz during the forecast period, up about three times over the average nominal price between 1976 and 2007. For full story, click here  

Platinum expected to average $1,343

Real platinum prices (in 2007 dollars) are expected to average $1,343 an ounce between 2008 and 2017, the forecast period.  For full story, click here  

Platinum prices are not expected to rise in 2009

Platinum prices are not expected to rise in 2009, but as the economy perks up and automakers start selling cars again, platinum prices will rise. Before that happens, though, platinum could fall further. For full story, click here

Falls expected in platinum

Norilsk Nickel  says nickel, platinum and palladium output to fall this year from previously planned levels. Plans to cut copper output next year only, while further falls expected in platinum and palladium. For full story, click here