Platinum Hits Six Week High

Reuters reported platinum prices jumped nearly 2 percent on Monday on heavy speculative buying on news of ongoing violence at mines in South Africa.

As quoted in the market news:

Investors bought platinum on worries that mines in South Africa may produce less of the metal after 44 people were killed during a strike at the Marikana mine owned by Lonmin, which accounts for 12 percent of global platinum output.

Click here to read the full Reuters report.

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

Other Companies

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


Leave a Reply