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PLATINUM Platinum News Stories Following platinum news is the key to trading fundamentally. Below you can find links
to articles in the news that discuss market fundamentals that could potentially affect the price of platinum on the NYMEX commodities
exchange. Before you invest in the platinum futures market you should do your own research.
1. Bloomberg.com “Anglo’s Platinum
Output Falls 24%, Iron Ore Gains 17%” April 19, 2012 Anglo American
Plc (AAL), the biggest platinum producer, said output of the metal fell 24 percent in the first quarter from a year earlier
after it shut a plant for maintenance, with fewer safety stoppages stemming the drop.
2. Bloomberg.com
"Oil Rises on Iran, Nigeria; Gold Advances: Commodities at Close" January 12, 2012 Spot platinum gained for a fourth day, adding
as much as 0.7 percent to $1,505 an ounce, the highest since Dec. 12. The metal, used in auto catalytic converters, has risen
7.6 percent this year, on signs the U.S. economy is recovering and global automobile sales may increase.
3. Commodityonline.com "Platinum discount to gold
price may widen" November 22, 2011 Platinum has been at a discount to gold since September. Industrial demand for platinum, including auto catalysts,
has been weak and mine supply should keep growing in 2011 and 2012. Consequently, the surplus in the market is expected to
increase this year and next, BNP added.
4. Resourceinvestor.com "Time for Platinum to Play Catch Up" July 5, 2011 The white metal usually outperforms gold in
bull markets for precious metals, but this year has fallen 3.4%. Platinum has to rise a further 30% from here just to match
its 2008 high of $2,200 an ounce, suggesting that some catch up play is in order.
5. Bloomberg.com “Platinum Expanding Most in Metals as
Lonmin Doubles Earnings” April 26, 2011 Investors expanded their platinum
holdings in funds faster than for any other precious metal this year, in a bet that mining companies digging as deep as 1.4
miles underground will fail to meet record consumption. 6. Bloomberg.com "Platinum Imports by China Jump in
2010 on Car Sales; Silver Exports Drop" January 21, 2011 Platinum imports by China, the
biggest car market, jumped 40 percent in 2010 as robust vehicle sales fueled demand for the precious metal.
Click here to contact a commodities broker with experience in the platinum market to discuss
market opportunities and trade recommendations.
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