Platinum Plummets Perilously
Posted by
Rob |
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.
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.
Leave a Comment
If you would like to make a comment, please fill out the form below.
Recent Comments