Platinum Outperforms Gold in Janurary

Precious Metals

CNBC reported that even as gold rose to a two-month high, it was no match for platinum which continues to outpace the yellow metal in 2012.

CNBC reported that even as gold rose to a two-month high, it was no match for platinum which continues to outpace the yellow metal in 2012.

As quoted in the market news:

Platinum group metals rose on news U.S. auto sales rose more than 11 percent in January, a surprisingly robust showing that marked the strongest annualized sales rate for the industry in nearly two-and-a-half years.

Spot platinum was up 0.8 percent at $1,624.49 an ounce.

Click here to read the full CNBC report.

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