Thursday 25 June 2015

Platinum prices seen sliding amid ample stocks

Platinum prices on average will decline for a fourth straight year in 2015 as mine production rebounds amid plentiful inventory, CPM group said. Palladium is also forecast to decline. Platinum may average US $ 1,174 an ounce, compared with $ 1,385.54 last year., said Jeff Christian, MD, at New York based CPM. Read more

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