platinum prices
If tariffs and an ongoing trade war with China were not enough, now gold bugs get to cheer in silence at a 5% tariff implemented on goods coming from Mexico as an economic tool to fight illegal...
4 years ago
Last Updated: 3 years ago
The scandal swirling around Volkswagen will inevitably have an impact on other diesel vehicle makers. That is not good news for platinum.
8 years ago
Last Updated: 3 years ago
Source: thinkstock.comEarlier this year, the International Energy Administration (IEA) and Bank of America both said that the United States has become the world’s largest oil producer, passing...
8 years ago
Last Updated: 8 years ago
Platinum is generally supposed to be worth more than gold per ounce. After all, it is more rare and considered more precious.
8 years ago
Source: ThinkstockSouth African miners at two platinum mines owned by Anglo American PLC’s Anglo American Platinum subsidiary (known as Amplats) have begun a wildcat strike, demanding that the...
10 years ago
Last Updated: 3 years ago
Source: ThinkstockGold trading closed for the day shortly before the FOMC announcement that the Fed forecast for 2013 growth had slipped, but that the central bank expects unemployment to reach a...
10 years ago
Last Updated: 3 years ago
Source: ThinkstockAnalysts at HSBC have lowered their 2013 average platinum price forecast to $1,710 an ounce, a drop of 7.6% from a previous estimate of around $1,840. Earlier this year, demand for...
10 years ago
Last Updated: 3 years ago
Source: ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one. Exchange traded funds (ETFs) are another. A third way is by investing in...
10 years ago
Last Updated: 9 years ago
Source: ThinkstockFor the year to date, the price of palladium has risen by a majestic 1.3%. That may sound paltry, but the metal’s performance beats its brother platinum, which has fallen in price...
10 years ago
Last Updated: 3 years ago
Source: ThinkstockSouth Africa’s Anglo American Platinum Ltd. (known as Amplats), the world’s largest platinum miner and a division of Anglo American plc, said today that it plans to reduce...
10 years ago
Last Updated: 3 years ago
Source: ThinkstockThe Clinton Group, a hedge fund with a stake of slightly more than 1%, succeeded last night in electing four of its nominees to the board of Stillwater Mining Co. (NYSE: SWC). Among...
10 years ago
Last Updated: 3 years ago
Source: ThinkstockPlatinum prices have fallen nearly 10% from their 2013 highs in early February. Palladium prices are off as well, but the drop is just 3.6%. This is not good for South Africa, which...
10 years ago
Last Updated: 3 years ago
Source: ThinkstockStillwater Mining Co. (NYSE: SWC) reported fourth-quarter and full-year 2012 results before markets opened this morning.The platinum and palladium miner posted quarterly earnings...
10 years ago
Last Updated: 3 years ago
Source: ThinkstockThe price of platinum is expected to average about $1,770 an ounce in 2013, its highest price since 2011. The price spike is due almost entirely to the closure of several mines in...
10 years ago
Last Updated: 3 years ago
Source: ThinkstockPlatinum prices jumped last week following an announcement from Anglo American plc that it would shut down several of its South African mines, ultimately removing about 400,000...
10 years ago
Last Updated: 3 years ago