Seeking Alpha reported a beginners’ guide to trading platinum futures.
Seeking Alpha reported a beginners’ guide to trading platinum futures.
As quoted in the market news:
Platinum, one of the more industrious precious metals, has become a popular trading instrument in recent years, as investors have seen the benefits of making a play on this hard asset. Platinum’s uses span from catalytic converters to thermometers and even dental equipment. Given its heavy dependence on an emerging market, South Africa, as far as supply is concerned as well as its massive presence in the industrial world, trading platinum futures has become an ideal play for a number of active investors.
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Commodities | |||
---|---|---|---|
Gold | 1766.15 | +0.14 | |
Silver | 20.36 | +0.03 | |
Copper | 3.59 | +0.12 | |
Palladium | 2134.00 | +13.00 | |
Platinum | 900.50 | +2.51 | |
Oil | 98.30 | +1.88 | |
Heating Oil | 3.53 | -0.08 | |
Natural Gas | 8.29 | +0.15 |
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