All Entries Tagged With: "Platinum"
Platinum Update
Platinum for April delivery is down $37/lb to $1864/lb. After breaking past resistance at $1,780, the market was unable to reach its breakout target. Instead, the market failed at $1,860. Today’s close will be the lowest close since early January. Most risk markets or assets have failed to make new highs in recent weeks. Also, [...]
Platinum Update for CMEGroup
Platinum for April delivery is higher by $18 to $1,805/lb. The market failed to reach its technical target we outlined a few weeks back. It is higher today thanks to a rebound from technical support at $1,780 and a broad advance in the metals. Anglo Platinum, the world’s largest producer, expects a stable price for [...]
Platinum Update for CME Group
Platinum for April delivery is higher by $10.50 to $1,845/lb….
Platinum Update for CME Group
Platinum for April delivery is lower by $18/oz to $1,862/oz….
Platinum Update for CME Group
Platinum for April delivery is lower by $9/oz to $1,794/oz. Platinum has recovered some losses in the last few hours of trading. Last week we learned that Chinese imports of Platinum jumped 40% in 2010. The Chinese Association of Automobile Manufacturers expects vehicle sales to grow 10-15% in the country in 2011. Sales grew 32% [...]
Platinum & Copper Update
As we pen this, Copper for March delivery….
Copper and Platinum Outlook
Copper for December delivery is down by 1% to $3.80 on this Wednesday afternoon….
Copper & Platinum Update for the CME
After a bad day yesterday Copper is higher today in part due to a weaker US Dollar….
Update on Copper and Platinum
Copper for December delivery finished Wednesday higher to $3.80/lb……..
Analysis of Platinum and Copper
Copper for December delivery finished Tuesday down less than 1% to $3.66/lb…..
