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    market news

    Platinum Follows Gold Higher

    Investing News Network
    Dec. 21, 2011 02:57PM PST
    Precious Metals

    IB Times reported platinum futures followed gold higher in trading as a rally in precious metals continued to show signs of strength.

    IB Times reported platinum futures followed gold higher in trading as a rally in precious metals continued to show signs of strength.

    As quoted in the market news:

    Platinum remains at a historically steep discount to the price of gold, but managed to narrow the gap during the latest correction. Autochartist has identified major trend line support on the 240-minute platinum chart which warrants close monitoring for determining near term direction.

    Click here to read the full IBTimes report.

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