July 23, 2015 | Bloomberg reported that delays in shutting down loss-making platinum mines in South Africa could place further pressure on platinum prices. Firms such as Momentum Asset Management and Natixis SA see the resistance to cutting supply problematic for metals prices. … Read More
July 7, 2015 | Platinum prices hit a 6 year low after Greece voted ‘no’ in a referendum on terms of a bailout that included further austerity measures for the country, Bloomberg reported. Prices fell 1.9 percent to $1,062.95 per ounce.
As quoted in the publication:
The price of platinum has slumped every quarter since June … Read More
June 24, 2015 | Mineweb reported that CPM Group has predicted that the global platinum supplies will remain in a deficit this year despite the rise in mine production as demand for automobile manufacturing and jewelry is set to rise. … Read More
June 2, 2015 | Mineweb reported that Platinum is trading at the cheapest since 2013 relative to gold due to the bleak demand global outlook for Platinum. … Read More