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    Precious Metals: Spot Platinum Slips 0.2 Percent

    Investing News Network
    Aug. 09, 2012 11:57AM PST
    Precious Metals Investing

    Reuters reported on precious metals trading on Thursday as spot platinum slipped 0.2 percent.

    Reuters reported on precious metals trading on Thursday as spot platinum slipped 0.2 percent.

    As quoted in the market news:

    Among other precious metals,…while spot platinum slipped 0.2 percent to $1,402.50 an ounce…

    Palladium remains the worst performer of the major precious metals this year, down around 10 percent compared with a 1 percent rise in silver and platinum and a 3 percent rise in gold. Both platinum and palladium have been hurt by concerns over demand from carmakers, the main users of the autocatalyst metals.

    Click here to read the full Reuters report.

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