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 prices may be supported going forward by reduced mine output in South Africa. For full story, click here
Immediate-delivery platinum gained 1.8 percent to $814.50 an ounce. For full story, click here
As compared with the average of last 30 years, real and nominal prices of platinum is forecast to rule at sharply elevated levels over the next 10 years to 2017. For full story, click here
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
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, 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
Platinum prices have fallen from a high around $2250/ounce to about $955/ounce. For full story, click here
Anglo American Plc rose 0.8 percent to $9. For full story, click here
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
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