Commodity Chart - Platinum Futures: Long Term Chart
Platinum Analysis - June 29, 2006
Platinum Futures - Along with the other metals, Platinum Futures has had just an impressive move throught the last few years. This Commodity has moved from about $400 an ounce to more than $1,300 in about 4 1/2 years. Platinum went to an all-time high and is currently trading around $1,200.
Outlook on Platinum Futures: The price of Platinum will mainly depend on the value of the dollar and inflation over the next next. Volatility should continue. The question is whether this is a spike top of will Platinum consolidate here and move higher?