Platinum Plummets Perilously

by Rob on September 16, 2008

Tongue twisters aside, I’ve never been happier to *not* be a platinum owner.  The white metal called PT lost an astounding $125 in value today, to close at $1039.  It’s getting dangerously close to becoming a three-digit metal.  The not so distant days of $2200-$2300 Platinum seem awfully far away indeed.

To round things up, gold lost a couple bucks, and silver dropped a nickel.  Palladium gained a single buck.  

  • Gold: $775.10
  • Silver: $10.40
  • Platinum: $1039
  • Palladium: $223
  • One more tough day in metals could bring $900 PT, $9 AG, and $190 PD.  Of course, it will be awfully hard to resist buying at those prices, if any physical metal can be found.  No paper metals for me, please.

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