Precious Metals Blog

Category: Gold Buying Trends

Gold Surges Past Platinum – Now What?

Gold Surges Past Platinum – Now What?

n December of 2008, gold prices outpaced platinum for the first time since the 1990’s. The primary use of platinum is as a catalyst for the auto industry, so prices were depressed by a lack of demand for new vehicles. At that time gold’s journey to new highs was driven by investors concerned with the increased debt load and deficits of the US and other Western economies.

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