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  1. Why Gold is More Expensive than Platinum?

    by , 01-25-2012 at 04:52 AM
    In recent months there has been a near paradigm shift in the precious metals market that goes against basic market analysis of supply and demand. I'm referring to the recent change in which gold price became higher than the price of platinum. This shift occurred during October 2011 and since then has proceeded with no clear end in sight.
    For the compete report on the analysis of gold vs platinum see here in Trading NRG
    Currently, gold is near $1,664 per ounce, and platinum is at $1,530 per ounce, i.e. gold is nearly 8.7% more expansive than platinum.
    Tags: gold, metals
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