Platinum Slides, Outlook Remains Bright

IBTimes reported weakness in global stock and commodity markets has weighed on precious metals as a wave of deleveraging has hit asset prices.

As quoted in the market news:

Moving forward, macroeconomic factors such as the European sovereign debt crisis and the potential for a renewed recession in the U.S. are likely to substantially influence the outlook for platinum relative to the gold price.

Click here to read the full IBTimes report.