Archive for August, 2012


Platinum – an extremely rare and precious metal – used in devices that cut car emissions and of course, to make jewellery, has fallen in price by 18% in the last 12 months to $1,409/oz today. Gold is currently trading at approximately $200/oz higher than platinum which is an unusual trend.

South Africa has the world’s biggest reserves of the metal – well over 80% and resource nationalism could lead to higher platinum prices in the coming years.