Platinum Reaches Highest Since October on Supply Concern

Reuters reported that platinum hit a 3-month high on Monday and is in close proximity with gold, as the possibility of supply outages in South Africa triggered a buying frenzy.

As quoted in the market news:

Platinum prices received a boost on news that South Africa’s Anglo American Platinum is likely to sell or shut its Union mine as part of a review of its platinum business by parent Anglo American.

Click here to read the complete Reuters report.

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Platinum Report Cover small 

Get Our Expert Guide to Platinum Investing FREE!

  Download this FREE Special Report, Why Invest in Platinum Stocks? What the Future Could Hold for Lonmin, the AMCU and South African Platinum Production.

Leave a Reply