Platinum Best Performer in 2012

IBTimes reported as gold stocks surged, platinum has remained the best performer of 2012 surging 19% in January.

As quoted in the market news:

As a result of the sector’s underperformance and rebound in global economic activity in recent months, investors have begun to seek out other commodity-related names.  One of the best performing commodities thus far in 2012 has been platinum, which has surged over 19% to $1,620 per ounce.  Platinum has benefited significantly from its dual role as a precious and industrial metal.  Rampant currency debasement across the globe has combined with improving economic fundamentals to propel platinum higher this year.

Click here to read the full IBTimes report.