Thursday, April 12, 2012

Rare And Scary, Gold Becomes Pricier Than Platinum

Gold Becomes Pricier Than Platinum, That's Rare And Scary


It’s more than “interesting” that platinum prices are lagging gold. Gold has risen nicely since the meltdown following Lehman’s collapse, with the gold price  in dollars rising 130%. Until last summer, however, platinum had done better still.

Over the 34 months to August 2011, the white metal rose 150%, recovering faster at first even than the gold price.  But it needed to, however, after it dropped two-thirds of its dollar price between March and December 2008.
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1 comment:

Silverloops said...

In general, the price of gold and silver has risen astronomically throughout the past two years. Gold jewelry prices have become prohibitive with silver following closely.

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