Platinum
Like gold and silver, platinum trades around the clock on global commodities markets. It often tends to fetch a higher price (per troy ounce) than gold during routine periods of market and political stability simply because it’s much rarer. Far less of the metal is actually pulled from the ground annually.
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Platinum Price Forecast: Platinum Holds Near $1,800 as Dollar Strength Offsets Tight Supply Fundamentals
Platinum futures traded around $1,800 an ounce, remaining rangebound as opposing macroeconomic forces kept prices contained. A firmer US dollar…
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Platinum Price Forecast: Platinum Holds Above $1,800 as Falling Oil and Supply Constraints Support the Market
Platinum futures climbed above $1,800 an ounce, extending gains for a third consecutive session as falling oil prices reduced concerns…
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Platinum Price Falls Toward $1,780 as Hawkish Fed, Strong Dollar and High Oil Prices Clash With Critical Supply Deficits
Today Markets Analysis Platinum futures remained under pressure around the $1,780-per-ounce area, with the precious metal trading close to two-week…
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Platinum Rises Toward Multi-Month Highs
Platinum futures rose above $1,860 an ounce, moving back toward multi-month highs as expectations for stronger industrial demand and constrained…
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Platinum Trades Above $1,800
Platinum futures traded above $1,800 an ounce after climbing from a two-week low, as a weaker US dollar boosted demand…
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Platinum Hits 2-Week Low
Platinum futures fell below $1,740 an ounce, hitting a two-week low as rising global bond yields and a stronger US…
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Platinum Hits 11-Week High
Platinum futures climbed above $1,870 an ounce, hitting an eleven-week high, as a weaker US dollar and renewed demand for…
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Platinum Futures Near 2-Month High
Platinum futures rose around $1,780 an ounce, approaching an eight-week high and tracking a broader rally across the precious metals…
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Platinum Holds Near 7-Week High
Platinum futures held above $1,700 an ounce near a seven-week high, supported by gains across the precious metals complex amid…
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Platinum gains 6% as precious metals rebound, US Dollar weakens
Platinum is gaining more than 6% today, extending its rebound shortly after gold bounced from around $4,100 per ounce and…
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