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Will Platinum prices fall through the summer?

From blog.hycmlab.com Watch this video at https://www.metalsmine.com/news/1234661-will-platinum-prices-fall-through-the-summer.

Platinum prices tend to gain around the start of the year on industrial demand purchases that take place at the start of the year. However, platinum has a weak seasonal period in the summer that is also pronounced. Over the last 15 years, platinum has fallen nearly 75% of the time with average falls of 5.86% between August 6 and October 5. The largest fall was in 2008 when platinum fell 38.73%. Will platinum see a summer of weakness again this year?

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  • Category: Fundamental Analysis