IBTimes reported platinum prices appear to have put together a more impressive recovery than either gold or silver during overnight trading action.
As quoted in the market news:
Residual labor turmoil in South Africa is expected to provide some support for platinum prices today, and perhaps a better physical commodity market environment today will also serve to support platinum prices.
Some traders saw the overnight rally back above $1,650 as a positive development, but other traders have noted that the market was initially unable to sustain that recovery.
“South African Platinum Supplies Are Declining. What Should Investors
Do To Profit From This Trend?”
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