Metals reports-That’s just your opinion

International Business Times reports that platinum and palladium staged modest advances today.

The market news is quoted as saying,

EW warned that “extremes are extremes and have to be recognized as such otherwise one gets caught up with the crowd and fails to extricate themselves at a reversal.” Ignoring a 5% decline in European new car registrations, platinum gained $5 to open at $1,784.00 while palladium added $8 to rise to the $741.00 mark per troy ounce. Rhodium market quotes remained unchanged at $2,300 bid/ $2,500 offer per ounce. The mood in the noble metals’ niche was more than likely being lifted by a Honda announcement that it was restarting auto assembly lines.

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