Platinum - Neglected but holding its own

by Timothy Straiton
Monday 10th February 2020

The current price is 971.41, trading just under the monthly pivot level of 979.35, but 7.86 % above the rising 40 week moving average of 893.28.This metal broke the falling trend line originating from the 2008 high of 2290 in January 2020 and has managed to make higher highs and higher lows since mid 2018. A clear break of 1100 would probably attract more investment interest in this rather neglected precious metal.