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Platinum Falls Lowest in 6 Weeks on Europe’s Struggle to Recover
Feb. 21, 2013 06:22PM PST
Precious MetalsBloomberg reported that platinum futures for April delivery went down 1.6%, reaching its lowest level in 6 weeks, on signs that Europe is still struggling to recover from an economic crisis.
Bloomberg reported that platinum futures for April delivery went down 1.6%, reaching its lowest level in 6 weeks, on signs that Europe is still struggling to recover from an economic crisis.
As quoted in the market news:
Slowdown in Europe and yesterday’s negative news from the Fed are pushing platinum lower,” Phil Streible, a senior commodity broker at R.J. O’Brien & Associates, said in a telephone interview.