17 January 2011
Activity Shifts Towards Platinum at BullionSupermarket
BullionSupermarket.com Platinum bullion comparisons jump as other precious metals fail to excite
Platinum Price comparisons have jumped at BullionSupermarket.com, possibly a sign of user interest switching away from recently fractious gold and silver to a metal with a dual industrial and investment status.
Having long been the poor relation on the bullion price comparison service despite its price, the white metal, widely used in the auto industry for catalytic converters has seen a sharp up-swing in the amount of interest being shown by BullionSupermarket.com users taking around 30% of all price comparisons over the last week.
Asking prices on Platinum 5 gram bars currently trade from $ 365.00, representing a 25% premium over the market price of the metal.