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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Metals Market Outlook for Monday: Silicon and Platinum Gain as Lithium and Silver Weaken
Metals markets head into Monday with mixed momentum, as silicon and platinum lead the reported gains while lithium carbonate, silver…
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Metals Market Forecast: Silver Plunges 5.96% as Platinum, Lithium and Gold Extend Losses
The metals complex is experiencing broad selling pressure, led by a sharp 5.96% decline in silver. Platinum has fallen 3.92%,…
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Platinum Market Outlook: Falling Treasury Yields Support Recovery Above $1,650
Platinum prices have rebounded above $1,650 per ounce, recovering from a recent nine-week low as falling US Treasury yields and…
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Platinum Prices Under Pressure as Yields and Oil Weigh on Precious Metals
Platinum is trading around $1,700 an ounce, close to two-month lows, as elevated Treasury yields and stronger oil prices weigh…
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Platinum Rises as Softer US Jobs Data Support Precious Metals
Platinum futures are trading back above $1,700 an ounce, recovering from recent multi-week lows as softer US employment data reduces…
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Platinum: surplus returns after three years of deficit, and price falls below key support. Is there a chance for recovery?
Key takeaways Platinum trades at 1700 USD per ounce following a sharp pullback from its January peak of nearly3 000…
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Platinum Prices Hold Near One-Month Lows as High Oil, Treasury Yields and Mixed Demand Weigh on Outlook
Platinum prices remain under pressure around $1,700 an ounce, with the precious-metals complex facing competing macroeconomic and fundamental forces. Higher…
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Platinum Attempts Recovery as Falling Oil Eases Rate Pressure
Platinum futures are attempting to recover above $1,700 an ounce after recently falling to a two-month low, with softer oil…
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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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