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    Precious Metals: Platinum Prices Need to Rise

    Written by Investing News Network
    |
    Jun. 15, 2012 10:29AM PST

    CNBC reported on precious metals trading on Friday as gold held steady and platinum increased its ratio to the yellow metal.

    CNBC reported on precious metals trading on Friday as gold held steady and platinum increased its ratio to the yellow metal.

    As quoted in the market news:

    Platinum’s ratio to gold ticked back up on Friday as gold prices outperformed, having dropped back from five-month highs earlier in June. Platinum prices have received little support from threats to South African mine supply, which is being hampered by low metal prices.

    Click here to read the full CNBC report.

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