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Platinum Prices Hit the Roof

Filed in archive Metallic Jewelry by tammy on December 5, 2005

Platinum is so high right now, even the hip-hop/MTV big wigs must be feeling the sting. And, it's not going to go down any time soon. In fact, according to National Jeweler:

" Demand for platinum among North American jewelry manufacturers is expected to continue dropping through the end of 2005, as the price of platinum is forecast links

to move even higher- above $1,000 an ounce- in the next 6 months, finds a new report.

In Platinum 2005 Interim Review, released Tuesday by platinum producer Johnson Matthey, the company projected the price of platinum may reach $1,030 an ounce within the next six months."

Yoza! $1,030 an ounce!

Read more: Report: Platinum prices up, jewelry demand down

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Platinum Prices Hit the Roof

Filed in archive Metallic Jewelry by tammy on December 5, 2005

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