Norilsk Says Platinum May Be Better Investment Than Gold

Bloomberg reported OAO GMK Norilsk Nickel (LSE:MNOD) says platinum group metals may be a better investment than gold.

As quoted in the market news:

Platinum demand will rebound strongly in 2013, “matched to a lesser extent by an increase in supply,” Panov said. The advance in demand should push the platinum market back into a deficit, driving prices higher, he said.

Click here to read the full Bloomberg report.