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    market news

    Platinum Outperforms Gold in Janurary

    Investing News Network
    Feb. 02, 2012 02:07PM PST
    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.

    market newsplatinum group metals
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