-
Platinum is latest precious metal to see price surge and squeeze fears
With the dust barely settled on the recent squeeze in the silver market, and with gold just this week experiencing a violent price correction, precious metals traders are contending with yet another drama, this time in the platinum market. Spot prices for platinum in London surged by as much as 6.4% to $1,646.03 an ounce on Wednesday, the biggest intraday jump since 2020. Platinum futures on Nymex also jumped, but only as much as 4.1%. London and New York prices typically trade in lockstep, so the blow-out in the differential between the two is highly unusual. The benchmark spot contract hit a $53.45-per-ounce ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From finance.yahoo.com|Oct 22, 2025The price of gold can be quoted in multiple forms because the precious metal is traded in different ways. The two main gold prices that investors should know about are spot prices ...
From youtube.com/markets|Oct 22, 2025Gold extended losses in a choppy session, after suffering the worst rout in over 12 years on Tuesday on concerns its rally had run too far, too fast. Spot gold slid below $4,020 ...
From youtube.com/cmegroup|Oct 22, 2025Gold futures experienced significant volatility, dropping to $4,021 an ounce in morning trading, following its steepest daily decline in over 12 years. The pullback halted a major ...
-
- Newer Stories
From mining.com|Oct 22, 2025In London’s historic Hatton Garden, where diamonds have long been the star, gold is commanding more attention. The famed jewellery district is abuzz with customers seeking bullion ...
From theglobeandmail.com|Oct 22, 2025Three of the most catastrophic wars in Africa today have been fuelled by a fierce competition for gold, oil and other natural resources, a new study by an African-focused research ...
From thestreet.com|Oct 22, 2025Strike CEO Jack Mallers reaffirmed his conviction in Bitcoin (BTC) as the superior form of money, arguing that gold’s flexible supply undermines its scarcity, the very quality ...
- Story Stats
- Oct 22, 2025 7:15pm Posted byFundamental Analysis168
