Platinum news
Latest breaking stories, features and analysis
Platinum price is up more than 20% YTD. Here are the next targets
- Platinum has advanced above the $1300 level this February
- If the price jumps above $1350, the next target could be around $1400
- If the price falls below $1200, it would be a firm "sell" signal, and we have the open way to $1100
February 20, 2021
Platinum prices’ pullback after hitting a 6-year high
February 12, 2021
Trending news
28th December
EUR/USD 2021 outlook: Will the momentum continue?
Market analysis
Platinum price is up more than 20% YTD. Here are the next targets
Platinum price has advanced from $1050 above $1300 since the beginning of January, and the current price stands around $1270. The prospect that more government spending will drive higher growth keeps the market in a positive mood, but the business activity is still far away from pre-Covid-19 levels. Fundamental analysis:…
February 20, 2021
Platinum price remains in the bull market but coronavirus concerns could add further pressure
Platinum extended its correction from the recent highs above $1150, but as long the price is above $1000, there is no risk of the bear market. Joe Biden was inaugurated as the 46th U.S. president this week, and he will sign today two executive orders aimed at speeding pandemic stimulus…
January 22, 2021
Looking forward into 2021: Palladium and platinum price analysis
Platinum has had an outstanding performance lately and palladium may follow up as investors are looking for assets expected to have a bullish run. Fundamental analysis: Higher demand for metals Both metals had been recording gains in 2020, and the future outlook suggests that the two metals might have an…
December 30, 2020
Oil, Gold, Platinum price analysis roundup
The US Congress approved a $900 billion coronavirus relief package, but Donald Trump refused to sign it. He insisted on $2,000 direct payments to Americans, and uncertainty about the US stimulus bill and coronavirus pandemic remain in focus for investors. The world still needs to face COVID-19 challenges, and some…
December 27, 2020