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Platinum Prices in GBP

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Platinum has been undervalued for a long time. This price correction has been coming for a while and it’s interesting to note it’s under its own steam, powering on, regardless of what the other precious metals are doing.

Late last year SA miners suggested it was no longer feasible to mine Platinum at the current price due to extra costs associated with Covid. They helpfully pointed out there was around 3-4 months supply available...  SA has a monopoly on Platinum mining. 

Im going for £1500 an Oz by the end of 2021.

Many thanks, Elliot

Check out my ebay store, buy direct and get at least 10% discount. https://www.ebay.co.uk/str/investincoins888

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Platinum should be priced well above gold and used to sit at the top of the food chain when it came to buying an engagement ring or wedding ring.
9ct gold, 18 ct gold then platinum !!

We all know PM markets are volatile and more likely than not manipulated by the big financial institutions.
Platinum has been underpriced for a long time and maybe this is its turning point.
Time will tell but recent rises makes me very hesitant in buying because it has seen massive swings in relatively short periods of time.

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in dollar terms, it should hang around the 1300 levels for a while before moving higher. it was above 2000 the last time gold was at this level.

the pound has done well of late, its been up 10% against the dollar.

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