The continuing rise of the greenback coupled with auto industry woes has hit platinum where it hurts the most- market prices. These two factors are causing platinum to continue on a bearish trend.
Continue reading "Platinum continues bearish trend"
Tuesday, August 12, 2008
Platinum plunged to its lowest point in over seven months as growing concern of economic slowdown reigned over diminishing supply. All precious metals were impacted this week as crude dropped and the US dollar gained some steam against the Euro and the Pound.
Continue reading "Economic threats push platinum down"
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Tuesday, September 9, 2008