Mining Weekly reported platinum registered its seventh consecutive gross surplus in 2011 and was likely to experience a similar outcome in 2012.
Mining Weekly reported platinum registered its seventh consecutive gross surplus in 2011 and was likely to experience a similar outcome in 2012.
As quoted in the market news:
In the ninth edition of its ‘Platinum & Palladium Survey’ launched in London and Johannesburg on Thursday, the consultancy forecast platinum would trade in the range of $1 475/oz to $1 775/oz over the remainder of the year.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1801.89 | +0.36 | |
| Silver | 20.82 | +0.02 | |
| Copper | 3.68 | -0.03 | |
| Palladium | 2224.19 | +14.20 | |
| Platinum | 965.47 | +2.48 | |
| Oil | 91.88 | -2.46 | |
| Heating Oil | 3.51 | +0.03 | |
| Natural Gas | 8.78 | -0.09 | |
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