-
Platinum rallies to the highest since 2014 amid market tightness
Platinum extended a powerful rally to hit the highest level in more than a decade, with gains underpinned by a spike in demand and expectations for a market deficit. Spot prices surged by more than 2% to $1 350.17/oz, the highest level since September 2014. In a sign of near-term tightness, metal for immediate delivery has been trading at a premium to futures. Platinum is on course for a record quarterly surge after signs of strong demand in China, as well as robust investor interest, exacerbated concerns over a deficit. Still, there are doubts the rally will endure, with Goldman Sachs Group forecasting prices will ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From cnbc.com|Jun 19, 2025|7 commentsIsraeli President Isaac Herzog said Wednesday that his country was not pursuing regime change in Iran, and its attack on Tehran was aimed at eliminating its nuclear capabilities. ...
From snb.ch|Jun 18, 2025|4 commentsSince the publication of the last Financial Stability Report in June 2024, economic and financial conditions relevant for the Swiss financial sector have deteriorated, in ...
From @realDonaldTrump|Jun 18, 2025|23 comments
Too Late—Powell is the WORST. A real dummy, who’s costing America $Billions! “Fannie, Freddie regulator: Powell should cut rates or quit” https://www.nationalmortgagenews.com/news/fannie-mae-freddie-mac-regulator-to-powell-cut-or-quit
-
- Newer Stories
From snb.ch|Jun 19, 2025|25 commentsThe Swiss National Bank is lowering the SNB policy rate by 0.25 percentage points to 0%. The new policy rate applies from tomorrow, 20 June 2025. Banks' sight deposits held at the ...
From snb.ch|Jun 19, 2025Ladies and gentlemen On behalf of the Governing Board, it is my pleasure as Chairman to welcome you to the SNB’s news conference. Petra Tschudin and I will begin by explaining the ...
From @LiveSquawk|Jun 19, 2025SNB Chairman Schlegel: With Today's Cut We Are Countering Lower Inflationary Pressure Inflationary Pressure Has Decreased - Negative Rates Were Important Instrument In The Past - We Are Aware Of Undesirable Effect Of Negative Interest Rates SNB Chairman Schlegel: We Would Not Take The Decision To Go Negative Lightly - Interest Rate Cut Driven By Lower Inflation - Negative Rates Have Challenges - We Can Never Exclude Any Measures On Interest Rates SNB Chairman Schlegel: We Believe Growth Will Be Dampened In Rest Of Year Because Of High Level Of Uncertainty - We Have Seen A Clear Decline In Inflation, But We Must Not React A Single Data Point - We Look At Medium Term
- Story Stats
- Jun 19, 2025 1:31am Posted byFundamental Analysis264
