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Commodities  |  January 16, 2013 15:18:28

Platinum strengthened to a three-month maximum



ColosseumAt the level of three-month highs strengthened during the day before the stock market New York Mercantile Exchange, CME Group within the most active futures contract price of platinum. For the first time since April last year also exceeded the price of the futures contract on gold. It was a response to the statement of Anglo American Platinum Ltd.. it plans to halt operations at four mine shafts in South Africa. This will reduce the annual production of platinum companies mentioned 400,000 ounces. While this figure represents almost 7% of global platinum production. Further increase in the price of platinum last month endorsed the report by Barclays Plc. which expects this year's global platinum production falling behind demand worldwide volume of 38,000 ounces. Platinum futures with delivery date in April strengthened in yesterday's trading session on the exchange Nymex 1.9% to the closing price of 1$ 689.90 per ounce. During the day, the price reached $ 1,706.80 an ounce, its highest level since October 9 last year.

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Platina posílila na tříměsíční maximum

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