Commodities: Platinum Prices Up

CNBC reported on precious metals trading on Tuesday noting platinum was up 0.83 percent.

As quoted in the market news:

Platinum maintained its historically unusual discount to gold, which briefly reversed earlier this month, as buyers worried about demand for the white metal, which is chiefly used in autocatalysts.

Platinum prices are up more than 18 percent this year after a poor performance in 2011, but have struggled to maintain traction as worries persist over growth in the euro zone, a key market for platinum-heavy diesel autocatalysts.

Click here to read the full CNBC report.