Precious Metals: Platinum Loses 0.9 Percent

CNBC reported on precious metals trading on Thursday as spot platinum fell 0.9 percent.

As quoted in the market news:

U.S. auto sales rose a lower-than-expected 9 percent in July as high U.S. unemployment and weak consumer confidence kept would-be buyers on the sidelines, denting sentiment in platinum group metals which are used in producing auto catalysts.

Spot platinum lost 0.9 percent to $1,396.49, extending a 1.3-percent decline in the previous session — the biggest daily drop in three weeks. Spot palladium fell nearly 1 percent to $581.15.

Click here to read the full CNBC report.

Get the Latest Platinum Investing Stock Information

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

+ see more
+ 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
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.


Leave a Reply