What the Platinum Lag Means

Forbes reported on the worries about platinum lagging gold in an opinion article.

As quoted in the market news:

It’s more than “interesting” that platinum prices are lagging gold. Gold has risen nicely since the meltdown following Lehman’s collapse, with the gold price in dollars rising 130%. Until last summer, however, platinum had done better still.

Indeed, a trader “could have made a lot of money buying platinum and selling gold since Lehman Brothers,” as Philip Klapwijk, executive chairman of GFMS said Wednesday, taking analyst questions after launching the precious-metals consultancy’s newGold Survey 2012 at Thomson Reuters‘ HQ in London.

Click here to read the full Forbes report.