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    Precious Metals in Long Slup, Platinum Drops to Low

    Investing News Network
    Dec. 28, 2011 02:53PM PST
    Precious Metals Investing

    Bloomberg reported as precious metals continue in a long slump, platinum continues to fall to near lows not seen since November 2009.

    Bloomberg reported as precious metals continue in a long slump, platinum continues to fall to near lows not seen since November 2009.

    As quoted in the market news:

    Platinum approached the lowest since November 2009…

    Platinum futures for April delivery declined 3.2 percent to $1,392.40 an ounce on the New York Mercantile Exchange. Earlier, the price touched $1,388.60. On Dec. 15, the metal declined to $1,376, the lowest since Nov. 13, 2009.

    Click here to read the full Bloomberg report.

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