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How 'gold fatigue' has helped drive platinum prices up 44% this year

From morningstar.com

Platinum prices have outpaced gold's record run Platinum has far outpaced its metals peers for the month and year to date, as supplies of the commodity are expected to fall short of demand for a third straight year. But that's not the only reason for platinum's stellar price performance. Gold prices have climbed 29% so far this year. That's led some investors to rotate into platinum, said Vaihab Agarwal, head of product and innovation at global index provider Indxx, referring to the shift as "gold fatigue." Jewelers are "actively switching from gold to platinum due to cost and changing consumer preferences, ... (full story)

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  • Category: Fundamental Analysis