Tag: platinum

Platinum: Softening Gold’s Drop?

Platinum: Softening Gold’s Drop?

As usual just lately, it’s a rough turn into the week for gold prices.  Gold prices fell the most in six weeks as the dollar’s climb and slumping energy costs reduced demand for the precious metal as a hedge against inflation. Silver also declined. So I thought we’d take a look at platinum Read More

January 12, 2009 | By | 1 Reply More
Platinum and Gold: When Metals Collide

Platinum and Gold: When Metals Collide

Although platinum is 30 times rarer than gold, the two metals’ prices collided throughout the day and finally closed with gold at $822 per ounce and platinum at $823! Today’s $1 spread was nothing short of historical for precious metals; the last time platinum and gold met at such close quarters  was Read More

December 12, 2008 | By | Reply More
Platinum Prices Tied to the Big 3 Automakers?

Platinum Prices Tied to the Big 3 Automakers?

Platinum fell below $800 an ounce on Thursday–a welcome sight for most in the fine jewelry industry, who consequently are able to lower platinum jewelry prices in hopes of motivating consumers to purchase such items as platinum wedding bands. Platinum has exhibited nothing short of a bona fide crash Read More

December 4, 2008 | By | Reply More
Platinum Wedding Band Prices Down Sharply

Platinum Wedding Band Prices Down Sharply

With platinum prices down significantly this year, it is the perfect time to buy that platinum wedding band you’ve been eyeing all year. Apples of Gold Jewelry has lowered prices recently on all of its platinum rings, including their line of plain platinum wedding bands, design platinum wedding bands, Read More

November 20, 2008 | By | 1 Reply More
Platinum — The More Volatile Precious Metal

Platinum — The More Volatile Precious Metal

Gold and jewelry enthusiasts, even economists and investors, have been closely watching the unpredictable gold market in the past several years as it began to behave uncharacteristically erratic. But platinum, its more expensive counterpart, has been largely ignored. Platinum has had some dramatic Read More

October 25, 2008 | By | Reply More
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