Platinum jumps most in 10 weeks on economic rebound hopes
Platinum futures jumped the most in 10 weeks on speculation that a global economic rebound will boost demand for the metal used for pollution-control devices in cars. Gold also rose.
Platinum jumped as much as 3.8% to a two-week high at 8:20 a.m. New York time in the most-active trading of the session. The price will rally to $1,650 an ounce in 2014 as consumption surpasses output, a Bloomberg survey showed. Demand exceeded supply this year by the most since 1999, according to Johnson Matthey Plc.
Read more at: http://www.mineweb.com/mineweb/content/en/mineweb-platinum-group-metals?oid=222772&sn=Detail
A Blog for Browsing Mining, Mineral Processing, and Metals Info 
I think platinum metals are way underpriced as there are only few sources worldwide and demand is much higher then production. Not much exploration going on => price going up sooner or later. The industry consumption of Pt is going up each year but production not so much…
LikeLike