Platinum Gears Up for Best Monthly Gain in a Year

Precious Metals

Bloomberg reported that platinum is headed for the highest monthly gain since January 2012 and rose to as much as 0.6%, advancing this month to 9.7%.

Bloomberg reported that platinum is headed for the highest monthly gain since January 2012 and rose to as much as 0.6%, advancing this month to 9.7%.

As quoted in the market news:

Investors are buying platinum at the fastest pace in three years as producers cut output even as data points to faster expansions in the world’s largest economies.

Click here to read the full Bloomberg report.

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