Commodities Market Review: Strengthening Auto Industry Sends Platinum Higher

Commodities Market Review: Strengthening Auto Industry Sends Platinum Higher On February 15th, the price of Platinum hovered around 785 U.S. dollars per ounce. Over the past week, the price has steadily risen to over 850 dollars per ounce. Platinum is a precious metal that is commonly used for expensive jewelry, although it has other applications […]

Commodities Market Review: Platinum Jumps 35.05% and Natural Gas Continues to Rise

Summary: Platinum (^JPLAT) rose by 35.50% over the past three months. Natural Gas (CME_NG1) rose by a whopping 49.04% over the past three months. As weather-related natural gas demand increased, relatively low levels of natural gas in storage likely contributed to price increases. Source: Wikimedia In this week’s forecast Platinum (^JPLAT) rose by 35.50% over […]

Platinum News : Strikes in South Africa rattle supply

Platinum has neared a 10-month high on Tuesday, as platinum for October delivery (the most actively traded contract) closed at $US1,515.00 for a troy ounce on the NYMEX