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 Platinum Rallies amid Concerns of Future Production Cuts says Pan American Metals of Miami- Platinum Rallies amid Concerns of Future Production Cuts says Pan American Metals of Miami
- October 10, 2011
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Platinum shows signs of recovery.
MIAMI, FL, October 10, 2011, Lower than normal platinum prices have been a concern to platinum producers with a threat of production cuts down the line. Three-quarters of the world's platinum comes from South Africa; fortunately the dollar has strengthened against the rand, meaning that it is still possible for producers to profit, even at lower prices. However, labor and production costs have been rising, so the situation continues to be worrisome. It is unusual for platinum to be trading at so...
- View more at: http://www.1888pressrelease.com/platinum-rallies-amid-concerns-of-future-production-cuts-say-pr-341333.html
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