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    market news

    Platinum Prices Make Recovery

    Investing News Network
    Oct. 16, 2012 11:17AM PST
    Precious Metals

    IBTimes reported platinum prices appear to have put together a more impressive recovery than either gold or silver during overnight trading action.

    IBTimes reported platinum prices appear to have put together a more impressive recovery than either gold or silver during overnight trading action.

    As quoted in the market news:

    Residual labor turmoil in South Africa is expected to provide some support for platinum prices today, and perhaps a better physical commodity market environment today will also serve to support platinum prices.

    Some traders saw the overnight rally back above $1,650 as a positive development, but other traders have noted that the market was initially unable to sustain that recovery.

    Click here to read the full IBTimes report.

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