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Precious Metals: Gold Platinum Ratio Widens

Investing News Network
Jun. 04, 2012 09:07AM PST
Precious Metals Investing

Reuters reported on precious metals trading on Monday, noting gold’s premium to platinum widened for the first time in four months.

Reuters reported on precious metals trading on Monday, noting gold’s premium to platinum widened for the first time in four months.

As quoted in the market news:

The gold/platinum ratio, which measures the number of platinum ounces needed to buy an ounce of gold, hit its highest for more than four months on Monday at 1.13, while gold’s premium over platinum rose above $190 for the first time since early January.

Click here to read the full Reuters report.

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