Latest Platinum news

Gold mine's reboot shines light on challenge facing platinum

By Ed Stoddard JOHANNESBURG (Reuters) - The experience of Harmony Gold provides a stark warning for investors and metals traders banking on South Africa's platinum sector making a swift recovery from the crippling five-month strike that ended in June. The world's top three platinimum producers, Anglo American Platinum (Amplats), Impala Platinum (Implats) and Lonmin, boldly predicted in June that ...

U.S. Mint Platinum Coins Bypassed in Rush for Gold: Commo

Five months after the U.S. Mint began producing coins made with platinum, sales have all but collapsed as investors continue to favor gold and silver.

South African Miners' Strike Ends After Five Months of Union Action

The strikes in South Africa have come to a close in their fifth month with a deal that will see the lowest paid miners receive an increment in monthly pay. Postal Bullion see an increase in demand for Platinum in the UK. (PRWeb July 28, 2014) Read the full story at http://www.prweb.com/releases/2014/07/prweb12050765.htm

Platinum to Palladium Fixings Join Precious Metals Revamp

The company that runs platinum and palladium fixings in London is seeking a new administrator for the price-setting process after similar changes were proposed for rituals in gold and silver.

Tomei gets licence to sell bullion

KUALA LUMPUR: Tomei Consolidated Bhd had last week secured rights from Royal Canadian Mint to advertise, market, promote, distribute and sellbullion products in Malaysia.In its filing to the stock exchange yesterday, Tomei said among the bullion products include gold maple leaf coins, silver maple leaf coins, platinum maple leaf coins, palladium maple leaf coins, gold, silver and/or platinum ...

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PRECIOUS-Gold up as dollar rally pauses; strong U.S. data limits gains

* Dollar pauses after strong gains * U.S. durable goods orders up record 22.6 percent in July (Updates prices, adds comment) By Clara Denina LONDON, Aug 26 (Reuters) - Gold rose on Tuesday after a pause in the dollar rally prompted a break above $1,280 an ounce that triggered chart-based buying, but gains were expected to be limited as optimism grows on the pace of the U.S. economic recovery ...

PRECIOUS-Gold drifts higher; firm dollar and equities limit upside

* Physical demand slow - gold retailer * Spot gold may revisit low of $1,273-technicals (Updates prices) By Lewa Pardomuan SINGAPORE, Aug 27 (Reuters) - Gold edged higher on Wednesday, its third day of gains in four, but a lack of buying support from Asia, a strong U.S.

PRECIOUS-Gold gains as dollar rally stalls, geopolitical risks buoy

* Buy-stops fuel bullion's rise * Gold prices lifted as momentum of dollar rally slows * U.S. Bullion continued to track the U.S.

Gold up as dollar rally pauses; strong US data limits gains

LONDON: Gold rose on Tuesday after a pause in the dollar rally prompted a break above $1,280 an ounce that triggered chart-based buying, but gains were expected to be limited as optimism grows on the pace of the U.S. economic recovery.

PRECIOUS-Gold steady; but firm dollar, equities weigh

SINGAPORE, Aug 27 (Reuters) - Bullion was little changed on Wednesday, but strong U.S. economic data and expectations of more stimulus from the European Central Bank dragged on the metal as they boosted the appeal of the U.S. dollar and equities. FUNDAMENTALS * Gold was steady at $1,282.20 an ounce by 0038 GMT, having jumped about 1 percent on Tuesday on chart-based buying before paring gains ...

U.S. Mint Platinum Coins Bypassed in Rush for Gold: Commo

Five months after the U.S. Mint began producing coins made with platinum, sales have all but collapsed as investors continue to favor gold and silver.

Gold up around 1pc as dollar rally pauses; US data eyed

LONDON: Gold jumped 1 percent on Tuesday after a pause in dollar and equity market rallies prompted a break above $1,280 an ounce that triggered chart-based buying, but anticipation of buoyant U.S. data could temper interest.


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