Tag Archives: Platinium
Precious Metals Wavers as Investors Seek Clarity on Future Trends
![](https://www.ultimamkts.com/wp-content/uploads/2024/07/main-75-7.jpg)
Platinum prices retreated towards $1,000 per troy ounce after hitting a one-month peak of $1,030 on July 5th. The decline aligns with a broader pullback in precious metals markets, as investors weigh industrial demand against potential Federal Reserve policy shifts. Downward pressure on platinum prices stems from several factors. China, the world’s largest platinum consumer, […]
Surge in Precious Metal Demand Boost Platinum to Six-Month High
![](https://www.ultimamkts.com/wp-content/uploads/2023/12/1229-2.jpg)
Precious Metal Demand Surges, Boosting Platinum to Six-Month High In recent market movements, platinum futures have surged to impressive levels, breaking the $950 barrier and attaining near six-month highs. This upswing is attributed to a combination of factors, including a weaker dollar and optimistic economic outlook. In this article, we delve into the dynamics influencing […]