• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    market news

    Could Platinum Prices Start to Come Back?

    Teresa Matich
    Aug. 13, 2015 11:37AM PST
    Precious Metals

    Will Adams of the Bullion Desk took a look at some of the factors affecting platinum prices recently, and at whether or not platinum could come back anytime soon.

    Will Adams of the Bullion Desk took a look at some of the factors affecting platinum prices recently, and at whether or not platinum could come back anytime soon.
    As quoted in the publication:

    Prices look oversold, but they have been attempting to rebound in recent days. Some buying is emerging via the ETFs, which may help underpin the market. The longs on Nymex are still very long, but have generally remained committed. The gross short position is just below a record high, which suggests a considerable risk of short-covering once a base is found.
    We would be on the lookout for an up-wave, but it may take a few attempts before one leads to a meaningful recovery.

    Click here for the full article from the Bullion Desk.

    market news
    The Conversation (0)

    Go Deeper

    AI Powered
    Stock market rally with rising numbers and green arrows.

    Sprott: Platinum Price Potentially at "Tipping Point" as Fundamentals Stack Up

    Platinum Hits Lowest Point Since October 2009

    Latest News

    FALCO ANNOUNCES CLOSING OF BOUGHT DEAL PRIVATE PLACEMENT

    Heliostar Presents Stronger Economics at the La Colorada Mine in Updated Technical Report

    Apollo Files NI 43-101 Technical Report for the Calico Silver Project Updated Mineral Resource Estimate

    Prince Silver Corp Announces Listing on the Frankfurt Stock Exchange Under the Symbol T130

    NevGold Discovers High-Grade Oxide Antimony "Bullet Zone" From Surface with 2025 Step-Out Drilling: 14.90 g/t AuEq Over 4.6 Meters Within 2.42 g/t AuEq Over 53.3 Meters at Limo Butte, Nevada

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES