Platinum looks attractive as discount to gold sits near record levels - WPIC

By Kitco News / August 24, 2020 / www.kitco.com / Article Link

Aug 25, 2020 Guest(s): Trevor Raymond Head of Research, World Platinum Investment Council

The gold market is struggling to find new buying momentum after it was unable to hold the critical psychological support around $2,000 an ounce, and one market analysts says that now is a good time for investors to look down the value chain in the precious metals market.
It's not just gold that looks expensive after hitting an all-time high earlier this month, but silver is also losing its value play as it has started to outperform the yellow metal. Trevor Raymond, head of research at the World Platinum Investment Council (WPIC) said that now is the perfect time for investors to look at platinum.

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok