Mining News

Many seeing platinum as hard asset, potential inflation hedge – WPIC

There are a lot more people looking at platinum as a hard asset and potential hedge against inflation, World Platinum Investment Council director of research Trevor Raymond said on Monday. Responding to Mining Weekly’s questions on what has been driving the platinum up over the last two weeks, Raymond raised the hard asset and hedge view, along with an array of automotive industry developments likely contributing to the platinum price rising well above the $1 000/oz mark. (Also watch attached Creamer Media vide.)

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