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Four Little Known Factors Driving the Price of Platinum

Platinum , one of the rarest elements in the world, is among the most popular commodities for investors and traders. As a member of the precious metals family, platinum offers a compelling long-term hold as something of a safe haven, but it also can be used as an effective trading instrument given its high liquidity as well as volatile supply chain. Platinum is generally obtained as a byproduct of nickel and copper mining and annual production is only a fraction of the gold and silver mined, making the metal more coveted and far more rare. Just how rare is platinum? It is estimated that all of the platinum in the world could fit into a cube that is roughly 20 feet on every side. As this hard asset continues to grow in popularity, we take a look at four price drivers that demand attention from traders and investors alike [see also The Ten Commandments of Commodity Investing ]. See the full story here →
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