Tagged platinum price

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platinum price

Platinum/gold spread widening

The divergence between the bullish action in platinum and palladium and the bearish action in gold and silver continues. Palladium tore through its 12-month high last Friday like a hot knife through butter, while platinum widened its premium over gold. Gold continues to be pulled back towards $1,650, however, while silver is facing those ...

2013-JAN-28 · The GoldMoney News Desk

China, gold price, platinum price

Palladium price gains forecast

Another constructive day for the precious metals bulls yesterday, with gold nudging above $1,690 and silver trading at $32 and change. Platinum is mirroring gold, albeit with slightly less volatility at the moment, while palladium also put in a strong performance, gaining over $13 early in the New York pit session. Supply concerns ...

2013-JAN-23 · The GoldMoney News Desk

palladium price, platinum price, UK

South Africa: Amplats' plans lift platinum price

Platinum has been outperforming gold recently. Aside from talk about trillion-dollar platinum coins this is because of the situation in South Africa, the world's largest platinum producing country. The world's largest platinum producer Anglo American Platinum (Amplats) has announced the closure of two of its mines and the sale of a third. ...

2013-JAN-22 · Roman Baudzus

mining, platinum price, South Africa

How about trillion-dollar platinum?

Cheaper office space for Goldman Sachs, an extension of a tax on rum, and a tax break offered to those building NASCAR racing tracks (yes, you read that last one correctly). All some of the more colourful (or scandalous some might say) provisions of last week’s fiscal cliff deal, courtesy of the The Washington Post. After enjoying ...

2013-JAN-07 · The GoldMoney News Desk

gold price, platinum price, silver price

South African government lowers export quota for platinum producers

South African platinum producers are already enduring significant production drops caused by the massive strike activities among mining workers. Now that the situation is somewhat back to normal, the government led by the African National Congress (ANC) is upsetting companies and markets with its plans to introduce legal changes.As if the ...

2012-DEC-21 · Roman Baudzus

mining, platinum price, South Africa

South Africa: mine strikes escalate

Strikes at South African mines have coincided with the sudden resignation of Aquarius Platinum's CEO. Stuart Murray has not offered any comments on his motives. But it seems clear that the situation in the country's mining sector is escalating, with production at Anglo American Platinum suspended last Friday, and the company firing 12,000 ...

2012-OCT-10 · Roman Baudzus

mining, platinum price, South Africa

End of mine strike causes platinum to fall

The monetary precious metals gold and silver held up fairly well in trading yesterday, considering the gains in the US dollar, as traders started to turn their focus back to the debt problems in Europe, with Spain showing reluctance to formally request financial aid from the European bailout fund. Such a bailout request - which for Spain ...

2012-SEP-19 · The GoldMoney News Desk

palladium price, platinum price, Spain

Platinum to join fight against cancer?

Spanish 10-year sovereign bond yields have shot above 7% this morning, following rating agency Moody’s decision to cut the country’s credit rating to Baa3 from A3. This is one notch above junk status. When this happened to Greece, Ireland and Portugal it prompted bailouts from the European Union and International Monetary ...

2012-JUN-14 · The GoldMoney News Desk

debt crisis, platinum price, Spain

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CURRENT PRECIOUS METAL PRICES

	Gold: Gold Buy Rates	$44.6383/gg $1,388.40/oz
	Silver: Silver Buy Rates	$0.7224/gg $22.47/oz
	Platinum: Platinum Buy Rates	$46.6984/pg $1,452.50/oz
	Palladium: Palladium Buy Rates	$23.6228/pd $734.70/oz