https://newsletter.en.creamermedia.com
Platinum
Platinum
platinum

EARLY SIGNS OF COMEBACK:

19th April 2019

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

Platinum-backed exchange traded fund (ETF) holdings increased for nine consecutive days earlier this month to reach 2.96-million ounces, the highest level on record. The report by BMO Global Commodities Research also noted that ETF inflows had been strong in the year to date, as investors had seemingly taken a view that palladium might be overbought. The belief that platinum will begin substituting palladium over the midterm is now intensifying. Although platinum, hit by the ‘dieselgate’ scandal, has seen its price drop to below $800/oz in 2018 from more than $1 500/oz in 2014, BMO researchers described the price as having now steadied, after seemingly hitting an inflection point in late 2018 and rising by more than 6% so far this year.

Comments

Showroom

Weir
Weir

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (15/11/2024)
15th November 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.078 0.182s - 180pq - 2rq
Subscribe Now