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Platinum 87% price rise justified and sustainable
The 87% improvement in the platinum price this year was a sustainable improvement as it was supported by a supply deficit in the metal, said Craig Miller, CEO of Valterra Platinum. In an interview with Miningmx on Thursday, Miller added that platinum had also pulled in investors searching for alternatives to gold which has hit a near-record price in real terms. “I do think we need to recognise that, to some extent, platinum does have similar unique properties to gold in terms of its scarcity, durability, high unit value, and liquid trading platforms,” said Miller. “I suppose that means it’s been popular with ... (full story)