Gold exceeds platinum in value

- December 17th, 2008

Platinum Investing News reports platinum price falls to a value of 45%. As investors have fled the platinum market, they have flocked to gold as a safe haven. Last Thursday, the momentous occasion of gold surpassing platinum occurred as gold purchases gained extra impetus as the U.S. dollar tumbled and oil rallied. Platinum demand has been … Continued

Platinum Investing News reports platinum price falls to a value of 45%.

As investors have fled the platinum market, they have flocked to gold as a safe haven. Last Thursday, the momentous occasion of gold surpassing platinum occurred as gold purchases gained extra impetus as the U.S. dollar tumbled and oil rallied. Platinum demand has been fundamentally, and psychologically, influenced by a stalling world auto market.

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