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Metals Weekly Round-Up: Platinum Price Rallies to Six-year High

From investingnews.com

The price of gold climbed to a four-week high this week, before pressure from the US dollar pushed the yellow metal lower. The greenback rebounded late in the week, which drew down the recent uptick the precious metals sector has been experiencing. Despite the late week price shed, platinum was able to register a fresh six-year high when values reached US$1,262 per ounce on Thursday (February 11). The base metals also spent the second week of February steadily gaining, with nickel adding more than US$500 to its value by Friday (February 12). Heightened investor interest continued to aide gold in its climb to US$2,000 ... (full story)

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  • Category: Fundamental Analysis