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    market news

    Platinum Trades At Record Discount To Gold

    Investing News Network
    Aug. 13, 2012 12:54PM PST
    Precious Metals

    Reuters reported gold’s premium to platinum rose to an all-time high.

    Reuters reported gold’s premium to platinum rose to an all-time high.

    As quoted in the market news:

    Gold’s premium to platinum rose to an all-time high above $230 an ounce, as platinum remained under pressure from gloomy economic prospects.

    Gold has been at an average $194 discount to platinum since January, 1985.

    Click here to read the full Reuters report.

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