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Platinum value?

From blog.hycmlab.com

{video}The reasons for USD strength have been well documented this year as the Fed took a hawkish policy stance to control surging US inflation, and safe haven bids also boosted the USD. However, recently there has been a big rise in USD short positions via the CFTC report as asset managers eye a peak in the USD. If inflation data comes in weaker on Thursday then the USD may find further reasons to weaken. One commodity that may see some early gains from USD weakness is platinum. Platinum has some very pronounced gains as many industrial purchases of platinum are made around the start of the year which has given ... (full story)

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  • Category: Fundamental Analysis