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