Many years ago, platinum was fondly referred to as “the rich people’s gold” as platinum was then trading at a premium when compared to gold. Given that platinum is currently having its own bull run, many investors are wondering whether the old times are coming back and the rare metal could regain its status of trading at a premium relative to the yellow metal. We explore some factors that point to a continued rally in the platinum market for the foreseeable future.
All the factors above suggest that platinum’s rally could only just be beginning and the runway may have plenty of space left. Leading extractors of the metal like Platinum Group Metals Ltd. (NYSE American: PLG) (TSE: PTM) are well positioned to leverage the upturn in the market of this rare metal as it seeks to…
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