Platinum semi-annual trend of international prices
International platinum prices rose half a year away Jinliang Cheng, Guangzhou, only the high price of platinum ornaments 14
% Platinum, the market outlook for growth worth the wait
In August, along with the international price of gold and commodity market prices higher, platinum prices are also higher there has been a significant market, topped the 1250 U.S. dollars / ounce position, the domestic platinum price is high to 284 yuan / g, both than Akoya pearls six months ago, an increase of close to 20%.
At the same time, because the domestic platinum price is relatively low in the history, the domestic demand for platinum jewelry substantial growth in Guangdong gold and silver jewelers will be revealed that the Chinese market, platinum jewelry sales increased by 400,000 ounces; and the Shanghai Gold Exchange Spot platinum trading volume rose 81%.
Market prospects: value-added space may be faster than the gold
The past six months platinum prices show wide swings upward trend, with the same Pearl jewelry period the price of gold gradually apart. This year 2 to 3 months, platinum prices have been as low as 1050 U.S. dollars, and even briefly fell below the price of gold too.
Since then, the price of gold around 900 U.S. dollars the basic position of the upper and lower oscillations, several attacks on the high point of 980 unsuccessful; while platinum prices are oscillating up and hold the 1100 U.S. dollars, and in early August exceeded 1250 U.S. dollars / ounce, half a year increase of 19% .
In this regard, Guangdong, Guangdong, Zhu Zhigang Bao's introduction of the higher platinum gold from three, first of all, over 30% of the world's Tahitian pearls platinum materials are widely used in automobile manufacturing, automobile Cultured pearls industry is no doubt increases the warmer platinum needs. Second, the commodity market price stabilization makes a collective sharp rise in precious metals prices, platinum prices were boosted. Finally, China's growth in demand for platinum jewelry makes the growth in demand for platinum spot, the Shanghai Gold Exchange in the first half of 2009 compared with platinum trading volume increased by 81% last year.
For the afternoon, most market participants believe that the commodity market and automotive markets pick Freshwater pearls up momentum may continue, platinum and gold room for growth worth the wait. Moreover, nearly 10 years, the trend point of view, the price of gold platinum price and the ratio is generally from 1.4 to 1.5 range of oscillation, and now for the 1.37, 1.4 and above to the location of a possible future return of value-added space may be faster than the gold. Therefore, for small and medium retail is concerned, the current price to buy platinum, it should be said to be suitable.
% Platinum, the market outlook for growth worth the wait
In August, along with the international price of gold and commodity market prices higher, platinum prices are also higher there has been a significant market, topped the 1250 U.S. dollars / ounce position, the domestic platinum price is high to 284 yuan / g, both than Akoya pearls six months ago, an increase of close to 20%.
At the same time, because the domestic platinum price is relatively low in the history, the domestic demand for platinum jewelry substantial growth in Guangdong gold and silver jewelers will be revealed that the Chinese market, platinum jewelry sales increased by 400,000 ounces; and the Shanghai Gold Exchange Spot platinum trading volume rose 81%.
Market prospects: value-added space may be faster than the gold
The past six months platinum prices show wide swings upward trend, with the same Pearl jewelry period the price of gold gradually apart. This year 2 to 3 months, platinum prices have been as low as 1050 U.S. dollars, and even briefly fell below the price of gold too.
Since then, the price of gold around 900 U.S. dollars the basic position of the upper and lower oscillations, several attacks on the high point of 980 unsuccessful; while platinum prices are oscillating up and hold the 1100 U.S. dollars, and in early August exceeded 1250 U.S. dollars / ounce, half a year increase of 19% .
In this regard, Guangdong, Guangdong, Zhu Zhigang Bao's introduction of the higher platinum gold from three, first of all, over 30% of the world's Tahitian pearls platinum materials are widely used in automobile manufacturing, automobile Cultured pearls industry is no doubt increases the warmer platinum needs. Second, the commodity market price stabilization makes a collective sharp rise in precious metals prices, platinum prices were boosted. Finally, China's growth in demand for platinum jewelry makes the growth in demand for platinum spot, the Shanghai Gold Exchange in the first half of 2009 compared with platinum trading volume increased by 81% last year.
For the afternoon, most market participants believe that the commodity market and automotive markets pick Freshwater pearls up momentum may continue, platinum and gold room for growth worth the wait. Moreover, nearly 10 years, the trend point of view, the price of gold platinum price and the ratio is generally from 1.4 to 1.5 range of oscillation, and now for the 1.37, 1.4 and above to the location of a possible future return of value-added space may be faster than the gold. Therefore, for small and medium retail is concerned, the current price to buy platinum, it should be said to be suitable.