Platinum Group Metals Price Bulletin - 21st December 2009 to 25th December 2009

Johnson Matthey London Base Prices at 0800 hrs, $/oz:

 PtPdRh
Monday 21st December   1433   367   2475
Tuesday 22nd December   1417   365   2475
Wednesday 23rd December   1398   355   2475
Thursday 24th December   1455   372   2475
Friday 25th December         


Precious metal prices were under pressure for much of the week as the dollar strengthened on comforting economic data. The tide turned on Thursday as, amid renewed dollar weakness, platinum and palladium led a rally following rumours that the Securities and Exchange Commission had cleared the way for US based platinum and palladium ETF's. The applicant, ETF Securities, declined to comment, however, saying it was in a "quiet" period and that no date for commencement of trading had been decided.

There will be no JM Base Prices on 25th and 28th December.

Happy holidays everyone!


Platinum


Palladium


Rhodium



Johnson Matthey,
Orchard Road,
Royston,
Hertfordshire SG8 5HE,
United Kingdom