Buz Investors Platinum increased 16.50 USD/t oz. or 1.77% to 949 on Wednesday March 15 from 932.50 in the previous trading session. Historically, Platinum reached an all time high of 2253 in March of 2008 and a record low of 97.70 in January of 1972. Platinum is among the world’s scarcest metals.
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Supplies of platinum are concentrated in South Africa, which accounts for approximately 80% of supply; Russia, 11%; and North America, 6%. Because of the metal’s importance as an industrial material, its relatively low production, and concentration among a few suppliers, prices can be volatile. For this reason, it is often considered attractive to investors. This page provides – Platinum – actual values, historical data, forecast, chart, statistics, economic calendar and news.
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