Thursday, December 08, 2011

Gold’s premium

Gold’s premium it's gold cost 13.4 percent more than platinum today. That’s the most since 1987, based on closing prices, and compares with an average discount of 28 percent over the past five years, data compiled by Bloomberg show. When the price of the two metals converged in 2008, platinum more than doubled in the following 16 months, outpacing gold’s 38 percent advance.

Labels: ,