Platinum Falls Despite High Auto Sales
Platinum – Reuters reported that platinum fell 1.4% to $1,568.50/ounce on US economic optimism amid high auto sales.
Articles Tagged "spot platinum"
Spot Platinum Rises Amid Stronger Dollar
Platinum – Bloomberg reported that many precious metals are headed for their worst quarterly run as the dollar strengthened but spot platinum advanced 0.2% and is poised for a quarterly advance.
Spot Platinum Falls on Optimism Over US Economy
Platinum – Reuters reported that amid reports of US retail sales rising at its fastest pace in 5 months, investors have become optimistic about the US economy which resulted to a decline in spot platinum on Wednesday.
Platinum Falls as Investors Start Taking Profits
Platinum – Reuters reported that platinum fell 0.1% after rallying to its highest price in more than 18 months.
Platinum Gears Up for Best Monthly Gain in a Year
Platinum – Bloomberg reported that platinum is headed for the highest monthly gain since January 2012 and rose to as much as 0.6%, advancing this month to 9.7%.
Platinum Gains as China Economy Improves
Platinum – Reuters reported that spot platinum reached its highest in a month, outperforming gold as China’s export growth rebounded.
Spot Platinum Falls 0.4 Percent Amid Eurozone Concerns
Platinum – The Sydney Morning Herald reported that spot platinum declined to US$1,609 per ounce, a drop of 0.4 percent, as the International Monetary Fund and Eurozone finance ministers tried to come to an agreement regarding monetary aid for Greece.
Platinum Prices Rise On Steady Vehicle Growth
Platinum – Reuters reported on steady growth in the car market, spot platinum prices rose.
Platinum Spot Prices Move Up 0.6 Percent
Platinum – SMH reported spot platinum is up 0.6 percent to $1562.50 an ounce.
Spot Platinum Rises, Anglo American Platinum Loses 3,694 Ounces A Day
Platinum – Reuters reported spot platinum rose 0.2 percent as Anglo American Platinum (LSE:AAL) announced it does not have enough staff to resume operations and continues to lose 3,694 ounces a day in production.
