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Platinum Eases on New Jobs Data from the U.S.

Investing News Network
Feb. 03, 2012 02:01PM PST
Precious Metals Investing

CNBC reported platinum prices fell slightly on Friday when hopes of a Federal stimulus were smashed on positive job growth for the month.

CNBC reported platinum prices fell slightly on Friday when hopes of a Federal stimulus were smashed on positive job growth for the month.

As quoted in the market news:

…spot platinumeased 0.1 percent at $1,625.74 an ounce.

Platinum prices are up about 16 percent this year, supported by concerns over output of the metal from major producer South Africa.

Click here to read the full CNBC report.

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