Investor Interest Piqued as the Price of Platinum Surges
As the recent rally in the price of gold and silver seems to be losing steam, the price of platinum group metals, such as platinum has kept rising steadily. This has aroused investor interest in this group of metals, and some are wondering whether the rally will last. To be fair, platinum prices have risen steadily over the past few months with a few minor dips in between periods of upward movement, but a recent steep climb this week saw the metal reach at least $1,600 on spot markets of the metal. Bloomberg News attributed this sharp rise to a…