Platinum

Here Are Two Reasons to Watch Platinum Prices in 2016 Platinum prices shouldn’t be overlooked. Just like gold and silver, this metal, with both industrial and investment use, could soar. Platinum prices have become victim of negative sentiment while fundamentals are improving. Don’t bother with anything else; just…

Could Platinum Become an International Monetary Reserve? Forget about bringing in a gold standard. Platinum could be the next monetary reserve for international business. At least, that’s the pitch from one industry group. Last spring, the World Platinum Investment Council (WPIC) hinted it would consider adopting platinum as…

The current bull market has not been kind to precious metals like platinum. Since hitting a high of $1,976.70 in August 2011, platinum prices have been halved to the current spot price of $981.60. While platinum is trading at a six-year low, below its 200-day and 50-day moving…

There’s no polite way to spin it; precious metals have been getting hammered. And none more so than platinum. Platinum is roughly 15-20 times scarcer than gold and has always sold for more than gold. Since 1970, platinum has, on average, commanded a 30% premium over gold. Between…