Precious Metals in Long Slup, Platinum Drops to Low

- December 28th, 2011

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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