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    market news

    Gold Trades At New Premium To Platinum

    Investing News Network
    Jul. 30, 2012 03:06PM PST
    Precious Metals

    Forbes reported on the current funk in the platinum market as gold trades at a $223 premium to the white metal.

    Forbes reported on the current funk in the platinum market as gold trades at a $223 premium to the white metal.

    As quoted in the market news:

    Both platinum and gold are useful metals. Gold’s use is ultimately social, being a thing of beauty, symbol of power, store of value and a means of exchange, while platinum is primarily an industrial metal. This isn’t helping platinum versus the gold price one bit right now.

    Click here to read the full Forbes report.

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