India Launches Platinum Platform

Precious Metals

Reuters reported India expects platinum to outperform gold in 2012 with the introduction of a new platinum contract.

Reuters reported India expects platinum to outperform gold in 2012 with the introduction of a new platinum contract.

As quoted in the market news:

The NSEL launched a spot platinum contract, which will be available in as low a denomination as 1 gram, as well as a 100 gram contract aimed at jewellers.

India already has four platinum futures contracts.

Click here to read the full Reuters report.

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