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 has plunged 46 percent , while palladium, also used in pollution control devices for cars, is down 52 percent. The metals are mined together. For full story, click here
Falling global platinum prices are threatening the viability and survival of Zimbabwe’s largest platinum producer, Zimplats, the company warned. For full story, click here
Zimbabwe’s biggest platinum mine Zimplats warned its survival was under threat and expected significant losses due to the fall of metals on the international market. For full story, click here
Platinum prices advanced in Asian trade after oil made a slight recovery as dollar weakened further against major currencies. For full story, click here
Rising prices and a global recession have led to a 2.3 per cent decline in global jewellery demand for platinum to 6.52 million oz this year. For full story, click here
Demand for platinum will be fuelled up by the new Euro 5 light duty vehicle emissions rules that mandates the use of diesel particulate filters in Europe and by continued growth in vehicle production in China. For full story, click here
Platinum prices could drop to as low as $700 an ounce in the coming months as investors would prefer to cash to other investments, according to Johnson Matthey, an authority on the precious metal. For full story, click here
Platinum prices advanced in Asian trade on Monday after oil made a slight recovery as dollar weakened further against major currencies. For full story, click here
Platinum inched up, tracking gains in gold, despite more bad news from the car industry, the main consumer of both metals. For full story, click here
Wednesday, January 7, 2009