Platinum/Gold Spread Offers Trading Opportunity, But Timing Could Be Difficult

Forbes reported analysts figure platinum will one day regain its historical premium to gold, meaning a long platinum/short gold position could be a good trade.

As quoted in the market news,

Still, the timing of such a trade is easier said than done, since market watchers also look for gold to maintain the upper hand for the foreseeable future. The yellow metal is holding up better than most commodities due to its role as a safe haven and alternative currency, while platinum has been hit by worries about industrial demand from the auto sector in a slowing economy.

Click here to read the entire Forbes report.