Platinum from 1983, with 200 day exponential average in red.
Platinum Futures The Blue line is a Donchian channel, red line is a 5 day exponential average, green line is a 20 day exponential average. Vertical green bars MACD (Moving average convergence divergence) 5 and 20.
Bloomberg: Carmakers will use a record $7 billion of platinum in catalytic converters next year, diminishing a glut just as mine production declines for the first time since 2008
1/21/11 Platinum imports by China rose 40% in 2010
4/18/07 Platinum leaders berate fund launch The world's two largest platinum producers have voiced opposition to the planned launch of a platinum exchange traded fund announced last week by Zurich Cantonal Bank of Switzerland. Trevor Raymond, head of investor relations at AngloPlat, said the ETF would put upward pressure on prices and would have a negative impact on jewellery demand.
11/17/05 Platinum futures reached $1,000 for the first time in over 25 years, and then settled lower, while gold continued its run to an 18 year high.
11/16/05 Carmakers' platinum demand to rise 8 pct in 2005 Carmakers' platinum purchases worldwide should increase by 8 percent to a record 3.86 million ounces in 2005, fueled by Europe's growing light-duty diesel vehicle sales and tighter diesel emissions rules, chemical and refining company Johnson Matthey said on Tuesday.
03/03/05 News that Russian President Vladimir Putin had signed a decree lifting the "state secret" status of platinum group metals sustained buying interest by keeping the metal on investor radar screens.
02/15/05Anglo American Platinum Corp., Impala Platinum Holdings Ltd. and other South African producers in 2005 will exceed last year's output of 4.98 million ounces, London-based Johnson Matthey said today in a report.