Platinum Set to Advance in 2013: Morgan Stanley

Bloomberg reported that Morgan Stanley said platinum may see gains in 2013 due to tightened supply as Anglo American Platinum seeks to cut production.

As quoted in the market news:

The platinum market will see a “negligible” surplus in 2013 after production cuts by Anglo American Platinum Ltd. (AMS), the world’s biggest producer, according to Morgan Stanley. Prices may average $1,700 an ounce in the first quarter and $1,710 in the second quarter, the bank said.

Click here to read the full Bloomberg report.

Get the Latest Platinum Investing Stock Information

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

Agriculture
+ see more
Copper
+ see more
Gold Bullion
Gold Production/Mining
+ see more
Gold Project Generators
Gold Prospecting and Exploration
+ see more
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA
Graphite Production/Mining
Graphite Prospecting and Exploration
Graphite Resource Definition/Pre Feasibility
Graphite Resource Expansion/Feasibility Study/PEA
Molybdenum
Silver $0-15m
Silver $15-50m
Other Companies
+ see more

Select All Select None

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

Comments

Leave a Reply