Platinum: More precious than gold?

Platinum reached an almost 10-month high on signs increased demand from car companies will add to a supply shortage. Gold held near the highest in three months. Investor holdings in platinum- and palladium-backed funds are at or near records as demand from automakers and a South African mining strike that lasted five months leads to a third successive supply deficit.

Other Favorite Posts You Might Like...

What are Russian sanctions doing to platinum, pall... Yesterday, gold snapped its five session winning streak as speculators took profits as tensions over Ukraine abated somewhat. European Union foreign ministers agreed today to freeze assets and impose ...
Platinum, palladium set to gain on supply squeeze Summary. Surging demand, especially in India's jewelry sector, coupled with tight supplies is leading Johnson Matthey to forecast a strong 2013 for platinum and palladium. Marketing for platinum jewel...
Monday’s Analytical Charts for Gold, Silver ... Summary: Technical charts courtesy of Jim Wyckoff and Kitco gives us some good insight into trading ranges in the precious metal markets. Gold has rallied a pretty good bit since the slaughter earlier...